Budget 2012: 'The increase in state pension should not be delayed' For pensioners John and Denise Vickery of Langley Moor, Durham, the freezing of the age-related allowance for state pensions means they will be around £160 worse off in cash terms each year. Mr Vickery, a retired civil servant, said: "Understandably, I'm not very pleased with the age-related allowance plans." However, I don't understand why some measures are being called in immediately and others, such as the pension increase of £5.30 a week, are being delayed for 12 months. In my opinion, they should all be implemented together. The Vickerys, who are grandparents of eight, are also worried about the low savings rates available on cash. Mr Vickery said that the Isa allowance should be boosted to counter this. "I am worried that interest rates are so low, and my equity investments have not fared too well over the past couple of years," he said. I worry that we will not have enough money to last our retirement.