Pension being reduced?

System
System Posts: 259 Online Community Programme Lead
edited November 22 in Money and bills

This discussion was created from comments split from:

Hi, my name is snibo! Are there any bank accounts that don't charge you a fee to switch?

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Comments

  • westpest
    westpest Online Community Member Posts: 39 Connected

    hi everyone

    firstly I apologise for adding this comment in the wrong place. I just couldn’t see anything about state pension. I have just found out tonight that state pension is reducing this week by £140.00 per month! I am absolutely horrified and really worried. It seems that there has not been much press around this reduction. How do the government think pensioners are going to cope with such a large reduction. I am fed up of worrying all the time and this has just added a whole other level.

  • onmylonesome
    onmylonesome Online Community Member Posts: 245 Empowering
  • Rachel_Scope
    Rachel_Scope Posts: 2,370 Scope Online Community Coordinator

    Hi @westpest. I've only found this information on websites that wouldn't be considered reliable. One source I found said the change comes into effect on 3rd November, so if this was the case, it would have been announced formally as the change would have already happened.

    Please don't worry as this seems to be false.

  • westpest
    westpest Online Community Member Posts: 39 Connected

    hi Rachel

    Honestly thank you for looking into this. I did think it odd that nothing had been mentioned on the news etc.

    Thanks again it’s really appreciated

  • Rachel_Scope
    Rachel_Scope Posts: 2,370 Scope Online Community Coordinator

    Not a problem @westpest. There's so much misinformation out there it can be difficult to know what's true and what's not. I'd suggest that if you only see something on TikTok, YouTube, or on websites that you haven't heard of before, it's most likely not true. You can always come here to check 😊