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Younger state pensioners are in line for an extra £550 from Wednesday from the Department for Work and Pensions, or DWP .
BBC Money Box reporter Paul Lewis stated on X: "Govt confirms state pensions will rise with triple lock in April, gives approximate figures, stresses the bigger cash rise for minority on new state pension not the smaller cash rise in the old, and ignores that all additions, paid mainly with old state pension, will only rise with 3.8% inflation not 4.8% wage increase".
The New State Pension is available for those born after 1951, if they're men, and after 1953, if they're women. It means younger state pensioners typically benefit from the higher rates, while older retirees languish on old, lower payment rates.
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