12 million pensioners to get ‘up to £575’ more from next week
12 million pensioners to get ‘up to £575’ more from next weekA number of major changes will affect state pensioners from April 6CommentsMoneySamantha Leathers Senior Money & Lifestyle writer14:01, 04 Apr 2026Updated 14:02, 04 Apr 2026View 3 ImagesState pension rates will be rising by up to £575 from April 6, 2026(Image: GETTY)The start of the new financial year on April 6 will bring a number of major changes for anyone receiving state pension payments. Pensions Minister Torsten Bell noted the Government hopes to provide ‘financial security and dignity’ for pensioners through these changes and supports.Responding to a Parliamentary question about how the DWP plans to prevent pensioner poverty, the Labour MP wrote: “From April 6, both the basic and new State Pensions will increase by 4.8 per cent, benefitting over 12 million pensioners by up to £575. Our commitment to maintain the Triple Lock throughout this Parliament – helping to raise the value of the State Pension over time – will see pensioners’ yearly incomes rising by up to £2,100.”Triple Lock is the mechanism that increases state pension rates each year by the highest of three figures:Wage growthInflation2.5 per centView 3 ImagesThe Triple Lock guarantee is meant to ensure the state pension rates stay ahead of inflation(Image: GETTY)This year, the state pension rates are rising by 4.8 per cent in line UK wage growth. This will take the full new state pension weekly rate from £230.25 to £241.30 while the full basic state pension will rise from £176.45 to £184.90 per week.The standard minimum guarantee for Pension Credit will also increase by 4.8 per cent, taking payments up to £238 a week for a single pensioner and £363.25 a week for a couple. The minister called this benefit a “vital financial safety net”.He highlighted: “Receipt of Pension Credit also opens the door to a whole range of additional support, which is why maximising Pension Credit take-up is a key departmental priority. We have been runni...المصدر: Mirror | Source: Mirror
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