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DWP State Pensioners Set to Get More Money than Thought in 2026 After New Update
Revised wage growth figures raised to 4.8% will increase the State Pension rise above initial estimates, adding over £500 annually for claimants, according to the Office for National Statistics.
- On Tuesday, the Office for National Statistics revised total average earnings growth to 4.8% from 4.7%, meaning State Pension claimants are set for a bigger payment increase next April.
- Under the triple lock, the State Pension rises each April by the highest of average earnings growth , September CPI or a 2.5% floor.
- New‑state claimants could see the full pension rise to £241.30 per week, while basic State Pension payments increase to £184.90.
- A separate consequence is tax exposure as full new State Pension claimants may be pushed into paying income tax due to the frozen 12,570 personal allowance, despite over 500 pounds annual gains.
- Inflation data due next week show September CPI inflation at 3.8% in August and experts do not expect September to exceed wage growth.
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24 Articles
24 Articles
Falkirk Herald+16 Reposted by 16 other sources
State Pension: UK pensioners set for DWP payment increase from April 2026 - how much will new rate be?
A small change to wage data could mean a bigger payday for retirees 💷
·Falkirk, United Kingdom
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Coverage Details
Total News Sources24
Leaning Left2Leaning Right2Center13Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
12%
C 76%
12%
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