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Flat-rate state pension 'expected to start in 2017'
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Flat-rate state pension 'expected to start in 2017'
A new flat-rate state pension likely to start in April 2017 will be simpler than the current system of means-tested top-ups, the government will argue as it outlines details later. The weekly payment will be £144 plus inflation rises between now and 2017. The current full state pension is £107.45 a week, but can be topped up to £142.70 with pension credit. Plans to introduce legislation were included in the Queen's Speech, but detailed proposals are now ready. These have been expected for some time, with the aim of simplifying the system by replacing the means-tested pension credit element.....More on this story: Flat-rate state pensionTags: None
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