16 September 2025
The Office for National Statistics (ONS) has released new data which shows the rate of wage growth is at 4.7%.
The existing triple lock raises state pension by either, the rate of inflation in September (currently forecast to be 4%), the rate of wage growth or 2.5%, whichever is the higher amount. Therefore, it is likely that the annual increase will be 4.7% based on the latest wage growth figures.
If that is the case then the basic state pension, for those who reached state pension age before April 2016, would increase to £184.75 per week from April 2026, and the new state pension, for those who reached state pension age after April 2016 would increase to £241.07 per week from April 2026.
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