Surprise Payout

Extra £230 for Pensioners? Here’s the Reason Behind the Surprise Payout

Extra £230 for Pensioners? Here’s the Reason Behind the Surprise Payout

Anthony Lane

The £230 extra for pensioners is part of the UK government's annual State Pension increase. This rise, based on the "triple lock" system, ensures that pensioners’ payments keep pace with inflation or wage growth. Read on to understand how you can qualify and ensure you’re receiving the correct amount.