Pension increase

[Michael Rolls]

I received my State Pension a day early today. Perhaps such generosity was hoped the disguise the fact that the increase of £8.90 represents a rise of 0.99%, rather then the 3.1% that has been mentioned – had I received that, the amount would have been £27.76. Can't work out what to do with such largesse, but I won't let it change my way of life, I'll still be the same modest, unassuming miserable old git I've always been.
Mike

[Flying Bomb]

I'll still be the same modest, unassuming miserable old git I've always been.
Mike

Why is it that one can denigrate oneself, but if others do it, we take offence?

[Michael Rolls]

human nature?
Mike

[GrannyMac]

I thought April pension never has the full increase, because it doesn't cover a full four weeks of the increase.  Check your next payment Mike?

Perhaps Phil will explain a bit better than me.

[Michael Rolls]

Thanks - hadn't thought of that - I'll check again next month
Mike 🤞🤞🤞

[Diasi]

I thought April pension never has the full increase, because it doesn't cover a full four weeks of the increase.  Check your next payment Mike?

Perhaps Phil will explain a bit better than me.

I'm pretty sure that the pension increase is applied from the first Monday after the 5th of April which brings it into the current tax year.

[klondike]

That makes a lot of sense as the amount of state pension received gets used to reduce your tax code for any other PAYE taxed income.