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State pension increase 2026: Some pensioners to receive up to £44 extra monthly
Summary
The state pension will rise from early April 2026, with those who retired since 2016 reported to receive about £44 extra a month and older pensioners about £36. The new rates were calculated under the triple lock and move the full state pension closer to the £12,570 personal allowance.
Content
The state pension is set to increase from early April 2026, the article reports. The change is reported to add about £44 a month for people who retired since 2016, and about £36 a month for older pensioners. This difference reflects the UK's dual state pension structure. Officials used the triple lock method to set the new rates.
Key facts:
- The rise takes effect from early April 2026, as reported.
- People who retired since 2016 are reported to get about £44 extra per month.
- Older pensioners are reported to receive roughly £36 extra per month.
- The difference reflects the dual state pension arrangements in the UK.
- Updated rates were determined using the triple lock (the highest of inflation, wage growth, or 2.5%).
- The increases move the full state pension closer to the £12,570 personal allowance, and Chancellor Rachel Reeves is reported to have confirmed that those with only state pension income will not face income tax liability.
Summary:
The change is expected to provide a modest boost to monthly pension income for many people and narrows the gap to the personal allowance threshold. The increase is calculated under the triple lock and takes effect in early April 2026.
