Single-tier pension to exceed £155 if increased by CPI

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The planned single-tier state pension will be at least £155 if the reform is introduced by the end of the parliament in 2015/16, forecasts show.

A green paper on a £140 flat-rate pension is due for release by the Department for Work and Pensions next week - with calculations showing the payment will be worth nearly £158 a week by 2016 if in...

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