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<p>While we can’t draw a direct link between the triple lock and pensioner poverty,
pensioner poverty is at one of the lowest rates since records began. Pensioners are
less likely to be in relative and absolute low income after housing costs than the
population as a whole. The Government continues to support the poorest pensioners
and from April 2016, Pension Credit will top up income to a guaranteed minimum level
of £155.60 for a single person and £237.55 for couples.</p><p>The Government wants
all pensioners to have a decent and secure income in retirement. We are committed
to the triple lock, the guarantee that the basic State Pension will increase by the
highest of the growth in average earnings, price increase or 2.5%. From April 2016,
the basic State Pension will be over £1,100 a year higher than at the start of the
last Parliament. This will benefit many of the 18,000 recipients of State Pension
in Windsor, the 1.7 million recipients in the South East and the 13 million recipients
in the UK.</p><p> </p>
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