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The State Pension age is set to start rising from 66 to 67 next year, with the increase due to be completed for all men and women born between March 6, 1961 and April 5, 1977, by 2028

Payment rates for the state pension increase in April

The eligibility rules for the state pension are already changing next year

Once you reach age 55 (rising to 57 from 2028), you can take up to 25% of your pension pot as tax-free cash – otherwise known as a pension commencement lump sum (PCLS).

Younger Brits want the triple lock ditched, while the older population overwhelmingly support the policy.

Mike Ambery, retirement savings director at Standard Life, part of Phoenix Group, warned the state pension "may become less generous over time".

Eligible pensioners can benefit from extra cash to boost their State Pension.

State pension eligibility rules are changing from next year

State pensioners face having to wait five months for their payments from the Department for Work and Pensions ( DWP ) under a shake-up.

DWP is under fresh pressure to drop the Triple Lock pledge, which has been long-standing and in existence since 2010.

The DWP has "no plans" to reduce the state pension age to 60, it says, despite calls to do so.

DWP will issue a Christmas Bonus to eligible claimants before January 1, 2026 - and people don't even need to apply for the extra 10

The Department for Work and Pensions (DWP) is set to increase State Pension payments next year, but there's a potential downside to this

The State Pension age is set to start rising from 66 to 67 next year

State Pension is paid to both men and women from the age of 66.

People over 66 could be eligible for separate cash payments to help with heating bills over the current financial year.

The benefit is designed to help people of State Pension age with daily living expenses

The earnings growth rate is on track to be the Triple Lock measure used for the 2026/27 annual uprating.

The cash will be automatically received before January 1, 2026