29 November 2023
The department for Work and Pensions (DWP) has released the proposed figures for the 2024/25 tax year benefits and pensions rates.
Included in these figures is the statutory payment for sickness and parental pay.
|
Rate |
2023/24 £ |
Proposed 2024/25 £ |
|
State pension |
203.85 |
221.20 |
|
SAP/SMP/SPP/SSPP/SPBP |
172.48 |
184.03 |
|
SSP |
109.40 |
116.75 |
These rates are currently still proposals and are therefore subject to change if decided by the government. However, they do give us an indication of where we can expect these rates to sit from April.
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