The state pension has to go up with average earnings by law – unless the Government were to change this.
“Pensioners will get more money next year thanks to our commitment to the triple lock.”
This is the post that Chancellor Rachel Reeves made on social media platform X this morning (Mon 24th Nov 25).
She is referring to the pre-Budget announcement that the Government will increase the full new state pension by an above-inflation figure of £550 per year from next April.