The state pension will increase by 4.8% from next April under the Triple Lock Guarantee. However, around 450,000 Brits could miss out on the boost despite paying the necessary amount of National Insurance Contributions.

State pensions increase every year due to the Triple Lock . This policy increases payment rates in line with whichever is highest of average annual earnings growth, the Consumer Price Index (CPI) or 2.5%. As wage growth increased the most of the metric at 4.8%, the full new State Pension will increase to £241.30 every week from April 2026, an annual rise of around £575. Meanwhile, the full basis State Pension will increase to £184.90 per week, an annual increase of around £440.

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State pensioners

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