{"id":156309,"date":"2025-06-04T02:04:15","date_gmt":"2025-06-04T02:04:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/156309\/"},"modified":"2025-06-04T02:04:15","modified_gmt":"2025-06-04T02:04:15","slug":"key-update-on-petition-to-raise-state-pension-to-22000-per-year-personal-finance-finance","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/156309\/","title":{"rendered":"Key update on petition to raise State Pension to \u00a322,000 per year | Personal Finance | Finance"},"content":{"rendered":"

More than 10,100 people have rallied behind an online petition urging the UK Government to double the New State Pension<\/a> from \u00a311,973 to \u00a322,000 annually. This figure mirrors the yearly earnings of someone working a 35-hour week on the National Living Wage.<\/p>\n

Having crossed the threshold for consideration, the petition is now due a formal reply, expectedly from the Department for Work and Pensions (DWP<\/a>).<\/p>\n

The brainchild of Ken Marshall, the proposal surfaced on the official Petitions Parliament website, demanding that pensioners pocket a hefty \u00a3427.35 weekly \u2013 that’s around \u00a31,709 every four weeks \u2013 in step with the anticipated National Living Wage rate of \u00a312.21 per hour by 2025\/26, reports the Daily Record.<\/a><\/p>\n

Mr Marshall called the stark gap between the State Pension<\/a> and National Living Wage “distressing” and championed the cause of older people, stating, “we must not allow our senior citizens, who have contributed so much to our society, to struggle through their sunset years”.<\/p>\n

He said syncing the payouts for the nation’s 13 million pensioners with the National Living Wage was a “matter of fairness and respect”.<\/p>\n

The ‘pay pensioners the equivalent of the living wage of a 35 hour week’ campaign, showcased on the Petitions Parliament portal, declares: “The full rate of the New State Pension<\/a> is now \u00a311,973 a year, while the annual income derived from the National Living Wage for a 35-hour week will be above \u00a322,000. We think there is a distressing discrepancy between these two figures.<\/p>\n

“We must not allow our senior citizens, who have contributed so much to our society, to struggle through their sunset years. We consider that it is a matter of fairness and respect. We all deserve a decent life when we get old.”<\/p>\n

The statement concludes: “We believe that all pensioners must receive the equivalent of the living wage at 35 hours a week as a minimum. This could ensure a better quality of life for our country’s senior citizens and help ensure that no elderly person in our society has to face financial hardship.”<\/p>\n

Should the petition reach 100,000 signatures, it would be considered by the Petitions Committee for debate in Parliament. The full petition is available for viewing here.<\/a><\/p>\n

National Minimum Wage rates 2025\/26<\/p>\n

The National Minimum Wage for people over 21 is now:<\/p>\n