The exact amount is yet to be confirmedJames D Roger, Pete Gavan Senior Editor and James Rodger
07:52, 16 Oct 2025Updated 07:52, 16 Oct 2025
The unexpected payment will go to some state pensioners
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 £241.30 a week, around £12,548 a year from April 2026 – putting it above £12,000 for the first time ever and perilously close to the frozen personal allowance.
“This poses a significant conundrum for Rachel Reeves and the Treasury.
“If, as is likely, the triple lock sees the state pension increase above the personal allowance of £12,570 in April 2027 for the first time, then the Government will come under increasing pressure to make a decision regarding either the personal allowance or whether it can sustain the triple lock as it has promised at least to the end of this Parliament.”, reports Birmingham Live.
She further commented: “Removing the freeze on the personal allowance would come at significant cost to the Treasury at a time when the Chancellor’s fiscal headroom is already strained at best, while an overhaul of the triple lock would come with huge political risk before the next general election.”
Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, spoke about the revised figures: “This has consequences for people getting state pension who can expect the amount they get to go up ever so slightly from next April.
“Those on the full new state pension could be on course for £241.30 per week rather than £241.05 while those on the full basic state pension will see their weekly payment rise to £184.90 rather than £184.75.
“Of course we are still waiting for the final piece of the triple lock puzzle to click into place with inflation figures published next week the key figure.
“However, with inflation currently hovering at 3.8% the likelihood is that average wages will be the figure used.”