Opened the debate
The draft Social Security Benefits Up-rating Order 2020 will increase the basic state pension by 3.9%, new state pension in line with the triple lock, and other benefits such as state earnings-related pensions, protected payments in the new state pension, working age benefits, carers benefits, and disability-related needs by 1.7% in line with prices. The order proposes to spend an extra £5 billion in 2020-21 on increasing benefit and pension rates.