The UK Government will announce the annual uprating for the State Pension and benefits on Wednesday during the Budget
Chancellor Rachel Reeves is set to announce the annual uprating for the State Pension and benefits during the Autumn Budget on Wednesday. While she won't detail every benefit provided by the Department for Work and Pensions and HM Revenue and Customs , these specifics will be published shortly after her announcement.
Yet under the Triple Lock, the New and Basic State Pensions rise each year in line with the highest of the average annual earnings growth from May to July , the Consumer Price Index inflation rate in the year to September , or 2.5%. Additional State Pension elements and deferred State Pensions increase annually with the September CPI figure.
The annual payments will increase by £361.40, from £8,814 to £9,175.40, over the 2025/26 financial year.
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