
Pension tops £16,000 a year after 4.7% increase
Jersey pensioners will receive a 4.7% increase in their old age pension, raising the annual total to £16,294. This adjustment adds £734 to the yearly income for those on a full pension, equating to an extra £14 per week. The government also highlighted additional support measures for low-income retirees, including cold weather payments and free TV licenses.
- ▪The old age pension in Jersey is increasing by 4.7% to reach a total of £16,294 per year.
- ▪This increase provides an additional £734 annually or £14 weekly for individuals receiving a full pension.
- ▪Minister Elaine Millar stated that further support is available for low-income pensioners through schemes like Pension Plus and the Cold Weather Bonus.
- ▪The government has identified the introduction of mandatory workplace pensions as a priority alongside the existing government pension.
- ▪Pension updates are typically adjusted every October based on the pensioner retail price index recorded in June.
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| Publication time | Thu, 01 Oct 2026 10:08:58 GMT |
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Pension tops £16,000 a year after 4.7% increaseImage source, PA MediaImage caption, The 4.7% increase will bring the overall pension sum to £16,294 per yearPublished3 minutes agoJersey pensioners are to receive an increase of £734 a year to their old age pension as a top-up comes into effect.The Government of Jersey said the 4.7% increase, an additional £14 per week for someone on a full pension, would bring the overall sum to £16,294 per year.The pension is updated every October by at least the recorded increase in the pensioner retail price index for June.Minister for Social Security Senator Elaine Millar said further support, including cold weather payments and free TV licences, would be available for those on low incomes.More news stories for JerseyListen to the latest news for…
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