Article preview: Could you experience a cut to your state pension income in April? As many as 11,000 people could see a fall in their state pensions later this year when an element of the pension payment is removed. The ‘adult dependency increase’ is abolished in April, and a new freedom of information request has revealed that approximately 11,000 pensioners will be worse off as a result. Insurer Royal London wrote to the Department of Work and Pensions (DWP) to obtain the data which shows how many people receive adult dependency increase as part of their state pension, as of February last year.
Adult dependency increase state pension cut
This 406-word blog post explains an upcoming cut to the state pension for approximately 11,000 in April 2020, when the adult dependency increase is abolished. Written on 6th January 2020.
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