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How much could your state pension increase by next year?

3 0
22.11.2025

Every autumn the chancellor sets a budget that includes how much pensions and benefits will be the following tax year, which starts on April 6 2026.

For those payments that are for people over State Pension Age and receive New State Pension, Basic State Pension or Pension Credit, they should see an increase tied to the Triple Lock.

Given the government's commitment to the Triple Lock, figures out last month revised upward the crucial figure for average earnings growth in the year to May-July from 4.7% estimated a month ago to 4.8%.

This means that from the next tax year - pensions should go up by 4.8% on April........

© Norwich Evening News