More than 100,000 pensioners across Cambridgeshire will get a rise of at least £2.85 a week on their basic state pensions next April.
The news has been welcomed by Cambridge MP, Julian Huppert as the Liberal Democrats’ triple lock pension gives pensioners more money in their pockets.
“We are committed to making life easier for those people who have worked all their lives so that they can have security in their retirement and plan for their futures,” said Julian.
The rise will bring the level of the state pension to at least £115.95 a week and will benefit 100,229 pensioners across the county.
It means the pension has increased by £18.30 since since 2010 when the Lib Dems went into coalition and means that the full basic state pension is £950 more than under Labour.
“We campaigned for this in opposition, delivered it in government and are committed to writing it into law in the next Parliament,” added Julian. “We have ensured that pensioners in Cambridgeshire will never again be subjected to the indignity of the 75p rise they saw under Labour.”
The triple lock pension delivers a rate either at the level of inflation or 2.5 per cent, whichever is the greater.