DWP will pay you an extra £471 state pension in April if you retired before this date
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Millions of older Brits who retired before this date will see an extra £471 a month when the state pension rises in April. Last year, Chancellor Rachel Reeves confirmed that the triple lock would remain in place and that the state pensions would rise in April. The triple lock guarantees the state pension rises each April by the highest out of inflation (using the previous September inflation figure), wages (average growth between May and July) or 2.5% - whichever is highest.
Wage growth was the highest last year at 4.1%, so state pension payments will increase by this amount in the spring. There are two different types of state pensions paid for by the DWP. These are the "new style" state pension and the "old basic style" state pension. The one you’ll claim depends on when you reach your State Pension age. If you are a man and born on or after April 6, 1951, or a woman born on or after April 6, 1953 - and retired after April 2026 - then you’ll claim the new state pension. If you were born before these dates and claimed your state pension before April 2016, then you will get the old.
The full amount of the old state pension is currently worth £169.50 per week, rising to £76.28 in April. If a claimant is eligible for the full amount, the new state pension comes to £221.20 per week, rising to £230.05 in April. This means the old state pension will rise from £8,814 to £9,175 a year - an increase of£361. However, those who retired after 2016 will get their pensions increased from £11,502 to £11,973 a year - an increase of £471.