Overview
- From April 6, 2026, the full New State Pension rises to £241.30 a week (£12,547 a year) and the full Basic State Pension to £184.90 a week (£9,614 a year), reflecting a 4.8% triple lock increase.
- The State Pension age starts to increase from 66 to 67 in 2026, reaching 67 by 2028, affecting everyone born after March 6, 1961.
- With the personal allowance frozen at £12,570, the new rates bring pension-only incomes to within about £36 of the threshold in 2026/27, and the Chancellor has pledged no income tax for pension-only recipients until at least April 2030.
- Ministers expect further annual upratings under the triple lock that could lift the New State Pension by around £1,900 by 2029, even as economists and think-tanks call for a review of the policy’s long-term affordability.
- Scotland has begun paying a Pension Age Winter Heating Payment of £101.70 to £305.10 to roughly 880,000 eligible pensioners to help with energy costs.