DWP state pension: All pensioners born before 1959 to get 'unexpected' payment hike View Image

All state pensioners born before 1959 are set for an unexpected Triple Lock boost, higher than initially anticipated next year. Pensioners are on track for a larger state pension increase from the Department for Work and Pensions (DWP) than previously expected.

The Office for National Statistics (ONS) released data showing an upward revision to total wage growth including bonuses for the quarter to July, up to 4.8% from 4.7% in a previous estimate.

Rachel Vahey, head of public policy at AJ Bell, commented: "Provided inflation doesn't spike above 4.8% when the September figures are released next week, all stars point to these latest earnings figures boosting the new state pension to about £24

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