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flag UK considers raising state pension to £242.90 weekly for those born after 1951.

flag The UK's Department for Work and Pensions is considering a significant increase in state pension payments for those born after 1951, potentially raising weekly payments to £242.90, or an annual amount of £12,630.80. flag This increase is based on the Triple Lock policy, which ties pension rises to average earnings growth, inflation, or a minimum of 2.5% annually. flag The exact amount will be confirmed in the Autumn Budget.

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