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Prime Minister’s pension claims don’t adjust for inflation

Prime Minister’s pension claims don’t adjust for inflation

Prime Minister’s pension claims don’t adjust for inflationIn cash terms yes, the state pension has increased by £1,470 since 2010/11. “What we have seen under Conservatives in government is the basic state pension rise by over £1,450 per year”. Theresa May, 3 April 2019At Prime Minister’s Questions last week Theresa May said that under recent Conservative-led governments the basic state pension has increased by over £1,450 per year. In 2010/11, the basic state pension for an individual was around £5,080 per year. (A pensioner unit is either a single pensioner or a couple of whom at least one is above pension age.)

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