Chancellor Rachel Reeves is set to confirm the triple lock pension increase on Wednesday, with older state pensioners who reached pension age before 2016 expected to receive a £440 annual boost from April 2026
DWP pensioners are on course for a bigger than expected boost to State Pension payments.
Pensioners are on course for a bigger than expected boost to State Pension payments.
Chancellor Rachel Reeves will announce tomorrow the rate of the full new state pension will increase to just over £240 a week
DWP provides a range of benefits to people over the State Pension age
The most straightforward way to check eligibility for any benefit, discount, or reduction is to use an online benefits calculator.
Chancellor Rachel Reeves is expected to confirm the triple lock mechanism will increase state pensions by 4.8 per cent from April 2026
State Pension rates increase every year and pensioners are in line for a bigger than expected boost.
Rachel Reeves could make a huge change to pensions this week.
The state pension is expected to go up 4.8 per cent next year
The state pension is expected to increase by more than 4 per cent next year
The state pension has to go up with average earnings by law - unless the Government were to change this
State pensioners could miss out financially if they fail to get organised before potential changes to inheritance and pension rules take effect.
Rachel Reeves once said she wouldn't extend the income tax threshold freeze - but now experts warn she has very few other options
The state pension triple lock will see pensioners handed up to £575 this Wednesday but the money could be at risk in future.
Retirees will see their state pensions rise by as much as £550 next year under the triple lock pledge.
A change to State Pension payments is set to be confirmed on Wednesday.