State Retirement Pensions: Uprating

(asked on 18th December 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what estimate she has made of the number of pensioners that will receive the full increase to the State Pension.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 7th January 2025

From April 2025, around 12.5 million people receiving either the basic or new State Pension will see it increased by 4.1%, in line with our commitment to the Triple Lock. Some people will receive an increase of 1.7% (in line with price inflation) on other elements of their State Pension, including Protected Payments and additional State Pension.

Under both the basic and new State Pensions, the amount people are entitled to, and the annual increases, vary according to the individual’s National Insurance record, but both reflect the National Insurance contributions they have made.

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