New and Basic State Pension DWP payments from April - full list
The State Pension is set to rise again in April 2026
Millions of pensioners are set for a larger State Pension boost next April than initially expected, following revised figures from the Office for National Statistics (ONS). New data published on Tuesday revealed an upward adjustment to total wage growth including bonuses for the May to July period, climbing from 4.7 per cent to 4.8 per cent.
The Triple Lock mechanism ensures both New and Basic State Pensions rise annually in line with whichever proves highest among average yearly earnings growth from May to July (4.8%), the Consumer Price Index (CPI) inflation rate for September, or 2.5 per cent.
Additional State Pension components and deferred State Pensions increase annually according to the September CPI figure. A 4.8 per cent rise would mean those receiving the full New State Pension would get £241.30 weekly, whilst those on the maximum Basic State Pension would receive £184.90 per week, reports the Daily Record.
The September CPI data is scheduled for release on October 22, though it's expected to fall short of the earnings growth benchmark. The latest statistics indicate CPI inflation stood at 3.8 per cent in August.
Responding to the adjusted earnings growth, Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said: "This has consequences for people getting state pension who can expect the amount they get to go up ever so slightly from next April.
"Those on the full New State Pension could be on course for £241.30 per week rather than £241.05 while those on the full Basic State Pension will see their weekly payment rise to £184.90 rather than £184.75. Of course we are still waiting for the final piece of the Triple Lock puzzle to click into place, with inflation figures published next week also used. However, with inflation currently hovering at 3.8 per cent the likelihood is that average wages will be the figure used and this should be confirmed in the forthcoming Budget."
It's crucial to bear in mind that the sum someone receives depends on their National Insurance contributions. To qualify for the full New State Pension you need roughly 35 years' worth, though this may vary if you were 'contracted out'.
Should September's inflation figure match the Bank of England's forecast of 4 per cent, the State Pension would climb by approximately £574 from April 2026 - boosting it to £12,547 annually. The anticipated uprating leaves merely £36 before the Personal Allowance income threshold of £12,570 is breached, which would result in more pensioners paying tax in retirement.
The Labour Government confirmed earlier this year that the Personal Allowance will stay frozen at £12,570 until April 2028. Chancellor Rachel Reeves will announce the annual uprating at the Autumn Budget on November 26.
An uprating of 4.8 per cent on the current State Pension would see people receive the following amounts.
Full New State Pension
- Weekly: £241.30 (from £230.25)
- Four-weekly pay period: £965.20
- Annual amount: £12,547
Full Basic State Pension
- Weekly: £184.90 (from £176.45)
- Four-weekly pay period: £739.60
- Annual amount: £9,614
State Pension and tax
According to guidance on GOV.UK: "You pay tax if your total annual income adds up to more than your Personal Allowance. Find out about your Personal Allowance and Income Tax rates.
Your total income could include:
- the State Pension you get - Basic or New State Pension
- Additional State Pension
- a private pension (workplace or personal) - you can take some of this tax-free
- earnings from employment or self-employment
- any taxable benefits you get
- any other income, such as money from investments, property or savings
Check if you have to pay tax on your pension
Before you can check, you will need to know:
- if you have a State Pension or a private pension
- how much State Pension and private pension income you will get this tax year (April 6 to April 5)
- the amount of any other taxable income you’ll get this tax year (for example, from employment or state benefits)
You cannot use this tool if you get:
- any foreign income
- Marriage Allowance
- Blind Person’s Allowance
Use this online tool at GOV.UK to check if you have to pay tax on your pension. The full guide to tax when you get a pension can be found on GOV.UK here.