Pensioners to get 4.75 percent real terms income boost with state pension…

The state pension is increasing in April (Image: GETTY) Pensioners will be better off in April as the state pension and benefits increase but rising living costs are eating into the value of their income increases. Benefit payments, including Pension Credit, are going up 6.7 percent from April 6 while the state pension is going up 8.5 percent on April 8, providing a welcome boost to meet the rising cost of living . Express.co.uk asked wealth firm True Potential to crunch the numbers and verify how much better off pensioners will be as a result. The group found pensioners will potentially be 4.75 percent better off, depending on the…