New State Pension petition calling for £416 weekly payment due official response

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New State Pension petition calling for £416 weekly payment due official response
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The petition also proposes rolling back retirement age from 66 to 60 and has received more than 17,300 signatures of support

An online petition calling on the UK Government to set a minimum level for weekly State Pension payments of £416.80 for everyone over the age of 60, arguing that the new rates from April are “far too low”, has passed the 10,000 signature threshold which triggers an official response. More than 17,330 people have already shown their support for the proposed changes.

He said this new level of payment “should lift thousands out of poverty, give our elderly folk the power to survive and help grow the real economy, bottom up”. He suggests that this level of investment could be “easily paid for by using more of our GNP [Gross National Product], in-line with EU neighbours and halting tax avoidance.”

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