UK State Pension Set to Rise 3.9% Next April Under Triple Lock
Updated
Updated · bbc.co.uk · Sep 15
UK State Pension Set to Rise 3.9% Next April Under Triple Lock
2 articles · Updated · bbc.co.uk · Sep 15
Summary
A 3.9% increase is now the likely uplift for the UK state pension next April, based on the latest jobs and pay figures.
Under the triple lock, the annual rise is set by whichever is highest: average wage growth, inflation or 2.5%.
That means the final increase will hinge on either this month’s wage-growth reading or next month’s inflation figure, depending on which comes in higher.