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The value of the basic state pension rises every April.
He saves his basic state pension in his bank account.
September's CPI figure also affects the basic state pension.
The basic state pension provision varies widely across the organization.
Basic state pension will increase every year by highest of earnings, inflation or 2.5%.
Just re-tying the basic state pension to earnings inflation is not a solution either.
At the moment there is a basic state pension of £107 a week.
5) Immediately restore the link between the basic state pension and earnings.
The basic state pension will rise by £2.95 in 2014 to £113.10 a week.
Some people will be even worse off as not everybody gets the full basic state pension.
5) Link between earnings and the basic state pensions to be restored from 2012.
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