Good news for pensioners! The State Pension is planned to rise by 4.7% from April 2026. This is a provision figure so could change slightly.
The new State Pension would be £241.05 per week, or £12,534.60 per year. That’s a rise of £561.60 per year overall. The current rate is £230.25 per week.
The old basic State Pension (which is the pension you get if you reached State Pension age before April 2016) increases to £184.75 per week, or £9,607 per year, a rise of £431.60. The current rate is £176.45 per week.
This rise is thanks to something called the ‘triple lock’, which means it must rise by the highest of either:
This year, it’s thanks to the average increase in wages, which was 4.7%. So the State Pension increases by 4.7% too.
You’ll qualify for the State Pension if you make at least 10 years worth of National Insurance contributions, and 35 years for the full amount.
You’ll receive the State Pension from the age of 66, rising to 67 in 2028 and later to 68. Check out our State Pension age calculator to find out your own pension age.