State pension set for 4% increase next year - ONS

Thanks to triple lock policy

Sophie King
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State pension set for 4% increase next year - ONS

State pension pay outs are set to increase by 3.9% next year under the triple lock policy, according to the latest data from the Office for National Statistics (ONS).

The state pension increase is linked to the increase in average earnings in the three months to July this year.  Under the state pension triple lock, annual payments increase by the highest of a...

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