New figures from the Department for Work and Pensions (DWP) reveal that State Pension payments will increase by 4.1% on April 7, 2025, under the Triple Lock earnings growth measure. This affects both the New State Pension (post-April 2016) and the Basic (or Old) State Pension (pre-April 2016). The DWP has also published the proposed new payment rates for the 2025/26 financial year, showing increases for both full New and Basic State Pension recipients. Additionally, other benefits, including working age and disability benefits, will rise by 1.7% based on the September Consumer Price Index (CPI) inflation rate.
New figures from the Department for Work and Pensions show there are now 12.9 million people claiming the State Pension, including over 1.1m in Scotland. Some 4.1m are on the New State Pension while 8.8m are receiving the Basic State Pension .
The uplift will see annual payments rise by £473.60 from £11,502 to £11,973 over the 2025/26 financial year. However, it’s important to be aware that not all of the 4.1m people on the New State Pension receive the full amount as it is linked to National Insurance Contributions. The DWP will issue letters to all 12.9m State Pensioners in March telling them their new payment rates. This letter also encourages older people to check if they are eligible for Pension Credit.
STATE PENSION BENEFITS INFLATION TRIPPLE LOCK DWP
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