news.today
Hello · Register today | LoginHello · My Account[—] [33]
UK

Government confirms State Pension rises to £250.70 from April 2027

Summarised from 2 outlets · 4 reports · Updated 14 Nov, 19:13 · Archive

The Government has announced State Pension rates will rise by 3.9% from April 2027, with the full new State Pension reaching £250.70 a week.

The Government has announced State Pension rates for April 2027. The full new State Pension will increase to £250.70 a week, up from £241.30, whilst the full basic State Pension will rise to £192.10 a week from £184.90. Both rises represent 3.9%, in line with the annual increase in average weekly earnings between May and July 2026.

The increases fall within the Government's State Pension triple lock, which ensures payments rise each year by the highest of inflation, average earnings growth or 2.5%. Over a full year, pensioners receiving the full new State Pension will gain around £488.80, whilst those on the full basic State Pension will receive £374.40 extra.

The new State Pension applies to people who reached State Pension age on or after April 6, 2016. The basic State Pension covers those who reached State Pension age before that date. Individual payments depend on National Insurance records and eligibility for full entitlement.

Government confirms State Pension rises to £250.70 from April 2027
Image: Oxford Mail

Comments (0)

How it is being reported

In this story: Government · United Kingdom

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log