Published On: Tue, Sep 10th, 2024

State pensioners in line for £460 DWP pay boost could get even more for two key reasons | Personal Finance | Finance


State pensioners could get a boost to their payments above the 4% rise predicted for next April.

The average earnings figures used for the triple lock were released today, with average earnings increasing four percent for the three months to July.

If this element of the triple lock were triggered for next year’s increase, the full new state pension would go up from £221.20 a week to £230.05 a week, providing a £460 a year boost.

But a financial analyst has said payments could jump up by even…



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