My Pension

My Pension:

• The Manx State Pension is rising by 3.1%
• Additional pension ‘SERPS’ up by 3.1%
• Manx State Pension - up to full amount rising by 3.1%
• Manx State Pension - protected amounts rising by 3.1%
• The triple lock is being suspended for one year in line with what’s happening in the UK.  The UK Government recently confirmed a one-year suspension due to the potential distorting effects of post-pandemic salary inflation.

Here's what the Treasury Minister, David Ashford, announced in Tynwald: