Grandparents are set to benefit from a bumper pay rise next year as state pension rises thanks to Chancellor Rachel Reeves' Budget, which the Labour Party MP delivered last week.

As it stands, each working generation pays for the older generation above them so those who are working and paying taxes now, fund the current state pension payments.

As part of the Department for Work and Pensions ( DWP ) Household Support Fund, households can get themselves £250 thanks to Rotherham Metropolitan Borough Council.

The Department for Work and Pension ( DWP ) recently confirmed that close to 78 per cent of new Pension Credit claims are completely processed within 50 working days - the targeted timeframe.

The state pension is a vital safety net for millions of people, paying out a guaranteed sum of money each week.

While many individuals are planning their own retirement funds, the state pension remains an essential lifeline for covering basic needs.