Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, if he will set out the annual uprating arrangements for (a) both parts of the old state pension (basic and second) and (b) the new state pension.

Legislation requires that both the basic State Pension (pre-2016 system) and the new State Pension should rise annually at least in line with earnings. The Government has made a manifesto commitment for this Parliament to maintain the Triple Lock for the basic and new State Pensions. This goes further, increasing them by the highest of growth in earnings, growth in prices, or 2.5%.

The Secretary of State undertakes an annual review of benefit and pension rates. This year the rates considered included the Consumer Price Index (CPI) inflation in the year to September 2025 which was 3.8%, and the average weekly earnings (AWE) figure (including bonuses) for May to July 2025 which was 4.8%. The AWE rate was the highest of the Triple Lock measures, meaning that, subject to Parliamentary approval, the basic and new State Pensions will be increased by 4.8% from April 2026.

In the pre-2016 State Pension system, the Triple Lock applies to the basic State Pension. The additional State Pension (also known as the State Earnings-Related Pension Scheme, or SERPS, or from April 2002 the State Second Pension) and most other State Pension components are uprated by prices (CPI). This enables them to retain their real value over time, mirroring occupational pension schemes which typically uprate by prices. Subject to Parliamentary approval, these elements will be increased by 3.8% from April 2026.

Protected Payments in the new State Pension (transitional amounts in excess of the full rate) are also increased by CPI.

Although the uprating approaches in the pre-2016 and new state Pension systems operate slightly differently, there are many other elements in each of the pre 2016 and new State Pension system which all need to be taken together in the round.