• Home
  • News
  • World
  • Politics
  • Money
  • Lifestyle
  • Entertainment
  • Health
  • Sports
  • Travel
  • More
    • Tech
    • Web Stories
    • Spotlight
    • Press Release
What's On

UK weather: Forecast maps reveal 37C heatwave is set to scorch Britain

29 June 2025

Can I give my grandchildren tax-free cash? Inheritance tax rules explained

29 June 2025

Liverpool transfer news: Reds close in on Marc Guehi deal as details of clause come to light

29 June 2025

Former flight attendant admits doing one thing when passengers get tipsy

29 June 2025

Today’s horoscope for June 29 as Scorpio works on their career

29 June 2025

Gardeners urged to spray one item immediately as Asian hornets spotted in UK

29 June 2025

Arrests made after ‘iconic’ statues stolen from sprawling mansion used as film set

29 June 2025
Facebook X (Twitter) Instagram
Trending
  • UK weather: Forecast maps reveal 37C heatwave is set to scorch Britain
  • Can I give my grandchildren tax-free cash? Inheritance tax rules explained
  • Liverpool transfer news: Reds close in on Marc Guehi deal as details of clause come to light
  • Former flight attendant admits doing one thing when passengers get tipsy
  • Today’s horoscope for June 29 as Scorpio works on their career
  • Gardeners urged to spray one item immediately as Asian hornets spotted in UK
  • Arrests made after ‘iconic’ statues stolen from sprawling mansion used as film set
  • Doctor urges people to try ‘cheap and powerful’ drink for ‘chronic insomnia’
Facebook X (Twitter) Instagram YouTube
England TimesEngland Times
Demo
  • Home
  • News
  • World
  • Politics
  • Money
  • Lifestyle
  • Entertainment
  • Health
  • Sports
  • Travel
  • More
    • Tech
    • Web Stories
    • Spotlight
    • Press Release
England TimesEngland Times
Home » State pension plan £580 a week and retirement age at 60 in ‘living wage’ campaign
Money

State pension plan £580 a week and retirement age at 60 in ‘living wage’ campaign

By staff28 June 2025No Comments3 Mins Read

A petition to Parliament is demanding the state pension increase to the equivalent of 48 hours a week at the National Living Wage, which pays £12.21 an hour for workers

11:13, 28 Jun 2025Updated 11:23, 28 Jun 2025

Senior male holding pound notes and coins in his cupped hands illustrating pension, retirement, savings and giving.
Campaigners are calling for the state pension to increase to over £30,000 a year(Image: Rosemary Calvert via Getty Images)

Campaigners are rallying for a dramatic increase in the state pension to over £30,000 a year and a reduction in the age of eligibility to 60. A petition to Parliament is demanding that the state pension be equivalent to 48 hours a week at the National Living Wage, which currently stands at £12.21 an hour for workers aged over 21.

The campaign also advocates for a significant reduction in the retirement age to 60 – the current state pension age is 66 for both men and women, and is set to rise to 67 between 2026 and 2028. The petition implores: “We want the Government to make the state pension available from the age of 60 & increase this to equal 48hrs a week at the National Living Wage.”

Hence from April 2025 a universal state pension should be £586.08 per week or about £30,476.16 per year as a right to all including expatriates, age 60 and above.

“Such a hike would more than double the full new state pension rate, which currently stands at £230.25 a week, or £11,973 a year. The campaigners have also voiced concerns that the government intends to make the state pension system less generous.The petition states: “We think that government policy seems intent on the state pension being a benefit not paid to all, while ever increasing the age of entitlement. “We want reforms to the state pension, so that it is available to all including expatriates, from age 60, and linked to the National Living Wage, for security.”

If the petition garners 10,000 signatures, the government will be obliged to respond. If it reaches a whopping 100,000 supporters, the issue could be up for debate in Parliament, reports the Express.

To qualify for the full new state pension, you generally need a record of 35 years of National Insurance contributions. The full basic state pension currently stands at £176.45 a week, and typically requires 30 years of contributions.

Individuals can check their projected state pension using the state pension forecast tool on the government website. State pension payments see an annual increase each April, thanks to the triple lock policy, which determines the percentage increase for payment rates.

The triple lock ensures a pay rise in line with the highest of either inflation, average earnings growth, or 2.5 per cent. Based on recent figures, the earnings metric looks set to be the key determinant for next April’s increase, standing at 5.3 per cent in the latest data.

Inflation was recorded at 3.4 per cent for the year to May, a slight decrease from 3.5 per cent for the year to April.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related News

Can I give my grandchildren tax-free cash? Inheritance tax rules explained

29 June 2025

People with these surnames in UK could have unclaimed estates

29 June 2025

‘I’ll be wearing Joanie Clothing’s pretty postcard print jumpsuit all summer’

29 June 2025

ASOS bans shoppers for making too many returns – but what are your rights?

28 June 2025

‘I tried this discounted Karcher pressure washer and my patio has never looked so good’

28 June 2025

When Tesco F&F’s 25% off summer sale starts and what to buy according to a fashion expert

28 June 2025
Latest News

Can I give my grandchildren tax-free cash? Inheritance tax rules explained

29 June 2025

Liverpool transfer news: Reds close in on Marc Guehi deal as details of clause come to light

29 June 2025

Former flight attendant admits doing one thing when passengers get tipsy

29 June 2025

Today’s horoscope for June 29 as Scorpio works on their career

29 June 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Lifestyle

Gardeners urged to spray one item immediately as Asian hornets spotted in UK

By staff29 June 20250

Asian hornets have an aggressive tendency to disrupt the ecosystem, and these flying bugs can…

Arrests made after ‘iconic’ statues stolen from sprawling mansion used as film set

29 June 2025

Doctor urges people to try ‘cheap and powerful’ drink for ‘chronic insomnia’

29 June 2025

People with these surnames in UK could have unclaimed estates

29 June 2025
England Times
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us
© 2025 England Times. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version