Estimated cost of uprating State Pension in frozen rate countries
Estimated cost of uprating State Pension in frozen rate countries.
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Each year, after the Autumn Statement, DWP is able to produce an estimate for the cost, in the next financial year, of uprating State Pensions received in frozen rate countries. As the timing coincides with the House of Lords second reading of the Pensions Bill and updated methodology used to estimate the cost, we are publishing revised future projected costs and also estimates of past costs from observed data for the first time.