Every year the State Pension increases in line with whichever is the highest out of earnings growth in between May to July, inflation in September, or 2.5%.
Next year the state pension, for those receiving the full amount, which is available for men born after 1951 and women after 1953, is set to rise to £12,548 a year.
Under the triple lock guarantee, the state pension increases every April in line with whichever is the highest of earnings growth in between May to July, inflation in September, or 2.5%