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Benefit cuts of more than £6bn 'hits pensioners hard'

Social security cuts of more than £6 billion a year will hit pensioner families under the Government's welfare reforms, a new report has claimed.

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Pensioners 'struggling to keep heads above water'

Many pensioners are struggling to keep their heads above water in terms of their finances, the charity director at Age UK has said, after a report suggested that pensioners would be worst hit by benefits cuts.

Age UK strongly supports the triple lock which gives people the security of knowing that their basic pension will go up over time.

However low earnings growth in the past few years and the government's decision to switch from using RPI to CPI have undoubtedly had a detrimental impact on the overall value of the state pension and benefits.

– Caroline Abrahams, charity director at Age UK

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