Millions of pensioners set for 3.9% state pension rise under triple lock

15 September 2026 , 13:46

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Millions of pensioners set for 3.9% state pension rise under triple lock

The state pension is expected to increase by 3.9 percent next April, according to new figures.

Data released by the Office for National Statistics (ONS) on Tuesday revealed that weekly wages grew by 3.9 percent between May and July.

The triple lock guarantee means the government will increase the state pension by whichever figure is highest among wage growth, inflation, or 2.5 percent.

If confirmed, a 3.9 percent increase will raise the full new state pension by around £9.40 a week, lifting payments from £241.30 to approximately £250.70 per week.

Since Consumer Price Index (CPI) inflation is projected to remain below the 3.9 percent wage benchmark over the key September measurement period, earnings growth is expected to determine the final rate.

The Bank of England forecasts that inflation will peak at around 3.2 percent later this autumn, well below the three-month wage growth average.

Official September CPI inflation figures, which serve as the alternative threshold in the calculation, will be published on 21 October.

Unless inflation sees an unexpected spike, the 3.9 percent increase will cause the full new state pension to rise, providing a boost to millions of pensioners across Britain.

The Department for Work and Pensions will formally confirm the revised payment rates during the Autumn Statement after the data is finalized next month.

David Wilson

Politics Editor