People on New State Pension due up to £921 each month from next April

State Pension News

People on New State Pension due up to £921 each month from next April
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People on the Basic State Pension will see payments go up to £705 every four weeks.

Chancellor Rachel Reeves recently confirmed that the annual State Pension uprating next April will be calculated using the earnings growth measure of the Triple Lock. During the Autumn Budget Ms Reeves announced that State Pension s will rise by 4.1 per cent while additional elements, along with working age and disability benefits, will increase by 1.7 per cent - the September Consumer Price Index inflation rate.

Someone on the full Basic State Pension will see weekly payments rise by £6.95 per week from £169.50 to £176.45, or £705.80 every four-week payment period. Annual payments will rise by £361.40 from £8,814 to £9,175.40 over the 2025/26 financial year.

Latest Pension Credit News State Pension and tax The Personal Allowance will remain frozen at £12,570 over the 2025/26 financial year.

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