Reader’s Question – 2011 State Second Pension (formerly SERPS) increase

Filomena Scalise / FreeDigitalPhotos.net

Question:

Dear Money to the Masses,

Please can you advise if the April 2011 state pension increase will include the Serps & Garduated segments

My answer:

The simple answer is that the coalition government stated in their emergency budget that from April 2011 these benefits would be increased in line with the Consumer Price Index (CPI).

Which based on September’s annual CPI figure is 3.1%.

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