Well you have the winter fuel allowance, cold weather payments and triple lock giving the highest pension increase in history. (conservativehome.blogs.com)
Conversely, the late pension increase is now 0.7 % per month. (taxplanningguide.ca)
In order to pay for higher pensions pay - outs, Lord Turner recommended the amount of money the government spends on the state pension increase from 6.2 per cent of gross domestic product, as it is today, to between 7.5 and eight per cent. (politics.co.uk)