A Parliament petition urging the Labour government to abolish the Basic State Pension and transition all beneficiaries to the New State Pension is gaining traction. Campaigners advocate for an increase in the New State Pension aligned with a 'good percentage of average earnings'.
A Parliament website petition calling on the new Labour government to "abolish the Basic State Pension" is growing the campaigners saying all current beneficiaries should be moved to the more lucrative New State Pension.
For those receiving the full New State Pension, this will mean an additional £9.05 per week, taking their total from £221.20 to £230.25, equating to an annual boost of £921 . In contrast, individuals on the full Basic State Pension will experience a smaller weekly increase of £6.95 - moving from £169.50 to £176.45.
BASIC STATE PENSION NEW STATE PENSION LABOUR GOVERNMENT PETITION CAMPAIGNERS
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