| UPDATED: 14:18, Wed, Mar 17, 2021
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The state pension is a payment people claim at an eligible age, and is different to a workplace or private pension. Although the weekly sum is forecast to rise above £200 a week in 2025, Brits are being urged to boost their retirement savings. The new state pension is already set to rise by 2.5 percent from April, meaning it ll rise by £4.40-a-week to £179.60 - a hike of £228.80 over the course of a year. Meanwhile, the old basic state pension will increase by £3.40-a-week to £137.65 - giving pensioners an extra £176.80 over 12 month