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State Retirement Pensions: Uprating

Asked by Ben GoldsboroughLabourDepartment for Work and PensionsTabled Answered 12 September 2024UIN 4295

The question

To ask the Secretary of State for Work and Pensions, what the total uprated value of the State Pension will be from 1 April 2025, by constituency.

Answered by Emma Reynolds

The Government is committed to the Triple Lock, which means that in April 2025, the basic and new State pension will increase by the higher of the growth in average earnings, price increases or 2.5%.

The relevant percentage increase applied to the State Pension in April 2025 is subject to a statutory review conducted by the Secretary of State. The review will typically begin in October, once the relevant indices have been published by the Office for National Statistics. On completion of the review, the Secretary of State will lay a statement in Parliament.

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