State Pension Increase 2025

State Pension Increase 2025. The full state pension is set to rise by £362.65 (4.1%) a year for most pensioners on 6 april 2025, under what's known as the 'triple lock' guarantee. With the full new state pension currently at £11,502 for the tax year 2024/25, it is projected to increase to £11,973 in 2025/26.

With the 4.1 percent increase to the state pension, these will be the new rates from april 2025: With inflation unlikely to exceed 4%, it is anticipated that pensioners on the new state pension will receive an extra £460 annually, increasing their yearly pension from £11,502.40 to £11,962, a.