The State Pension is poised for a £400 annual increase from Apri 1, 2025, safeguarded by the "triple lock" policy aimed at preserving the incomes of millions of retired Britons.
This update comes amidst Treasury documents released to the BBC, seemingly to mitigate the furore sparked by the scrapping of the Winter Fuel Payment, which could have provided up to £300 to numerous pensioners.
The triple lock ensures that the state pension increases annually by the highest of either inflation, average wage growth, or 2.5 percent.
For the financial year 2025-26, the expected highest benchmark is the average wage increase, estimated at about 4 percent, with the official announcement scheduled for next Tuesday.
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