Hunt said he would raise benefit payments by 10.1%, which would cost about 11 billion pounds.
The government was also committed to the 'triple lock', a government promise to raise publicly-funded pensions by whichever is higher of average earnings growth, consumer price inflation or 2.5%, he said, but many expats who receive UK state pensions lost out on the triple lock promise because of the pandemic.
"In April, the state pension will increase in line with inflation," Hunt told parliament as he made a speech on his tax and spending plans.
"To the millions of pensioners who will benefit from this measure I say, now and always, this government is on your side."
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SaraJust to clarify my previous comment. To my knowledge the Brexit deal stipulated that increases to expat pensions would increase as before, i.e. the same as in the UK. But what do you mean by “lost out”…”because of the pandemic”? Why should that affect pension increases? Any why “many” expats but not “all”? A very confusing paragraph. Maybe some other reader knows the answer if Humphrey is unable to clarify. (I ask this for a friend, not for myself)
It remains to be seen and received before any correct comment can be made on this article.
“….but many expats who receive UK state pensions lost out on the triple lock promise because of the pandemic.” Could you please clarify that comment Humphrey? The pandemic? Or Brexit? Thank you