This Act sets State Pension and certain disability benefits to rise by at least inflation or 2.5% (whichever is higher) for 2022-23, rather than following earnings growth, to account for pandemic-related distortions.
A Bill to make provision relating to the up-rating of certain social security benefits payable in the tax year 2022-23.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Dr Thérèse Coffey, Baroness Stedman-Scott
Introduced: 2021-09-08
Royal Assent: 2021-11-17