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Everything you should know as £575 extra confirmed for millions

Official Rate Confirmation: The new state pension rates for 2026/27 have been officially confirmed following the latest Budget announcement. This confirms how much more money millions of state pensioners will receive from the upcoming financial year.

New State Pension Increase: Those who retired after April 2016 and receive the new state pension will benefit from an increase of £575 over the course of the financial year. This constitutes the largest monetary rise for this group.

New State Pension Total Value: Following the confirmed increase, the new state pension will be worth a total of £12,547 annually for the 2026/27 financial period. This figure reflects the full yearly amount for eligible new pensio

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