State pensioners who retired before 2016 will lose £676 from bank account
State pension fury has erupted after it emerged some pensioners stand to lose £676 compared to others. Anybody who retired before April 6, 2016, gets the old basic state pension while the new state pension applies to those retiring from that date.
The gap between the full basic and new state pensions was just £36.35 a week in 2016 but has now widened to £51 - or £13 a week. Over the course of the year, that works out an eye-watering £676 - in a major blow to those who are older.
Next April the new state pension will rise by £461, but the old one by just £353 - a £108 difference. One pensioner fumed: "Pensioners getting less each week whilst Rachel, The Grim Reaper’, Reeves gets richer. A large pay rise plus she claims £4,400 in heating allowance that she denies the poorest in our society.
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"This is wrong on every level. Labour the robbers like Brown giving away our gold supply and raiding our pensions. Labour are not to be trusted with their double standards………" A second fumed: "Those Tories, eh? Hopefully Labour will do something to help those at the lower level once the economy has been put on track."
"No doubt labour's solution will be to drag those on the higher pension down rather than helping those on the lower pension up," said another. "It’s simply appalling. Double standards and unfair," another commented, while another said: "Along with a two-tier law and order police state since 2024."
"NB Older female pensioners had their pension fro the age of 60, newer have had to wait - years !" another wrote. "We have had a two-tier state pension for too long. As Starmer says there is no two-tier policing it's time he now got rid of the two-tier pensions. This isn't fair to older pensioners," another wrote.