---
title: "State Pension to Rise to £12,547 a Year in April Under 4.8% Triple Lock Increase"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-25T13:39:06+00:00"
modified: "2025-10-25T13:40:43+00:00"
date: 2025-10-25
canonical: "https://www.share-talk.com/state-pension-to-rise-to-12547-a-year-in-april-under-4-8-triple-lock-increase-2/"
category: "Technology"
categories: ["Technology", "Technology, Media & Telecoms"]
tags: ["Income Tax", "Office for Budget Responsibility", "personal allowance", "State pension", "UK state pension", "Wage growth"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/Pound-scaled.webp?fit=1200%2C638&ssl=1"
format: "news"
language: "en-GB"
---

# State Pension to Rise to £12,547 a Year in April Under 4.8% Triple Lock Increase

**Published:** October 25, 2025
**Author:** sharetalk
**Categories:** Technology, Technology, Media & Telecoms
**Tags:** Income Tax, Office for Budget Responsibility, personal allowance, State pension, UK state pension, Wage growth
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/Pound-scaled.webp?fit=1200%2C638&ssl=1)

---

The **UK state pension** is set to **rise by 4.8% in April 2026**, taking the **full new state pension** to **£12,547.60 a year**, following the latest **“triple lock”** adjustment linked to **earnings growth**.

The increase, worth **£574.60 annually**, will lift weekly payments from **£230.25 to £241.30**. The boost follows data showing **average wage growth of 4.8%** between May and July — higher than the **3.8% consumer price inflation (CPI)** figure published for September, which determines the alternative metric in the triple lock calculation.

However, the rise will also mean an estimated **200,000 more pensioners** will be drawn into **income tax**, as the **personal allowance** remains frozen at **£12,570**, leaving little headroom before tax liability begins.

Those on the **basic (old) state pension** — paid to people who reached retirement age before April 2016 — will see an increase of **£440.41**, bringing payments to **£9,614.80 a year**, up from **£9,175.40** (or **£176.45 per week**).

The **Government is expected to confirm the uplift** for 2026–27 at the **Budget on 26 November**, under **Chancellor Rachel Reeves**.

The **triple lock**, introduced in **2011**, guarantees that the state pension increases each year by the **highest of**:

-
**Average earnings growth**,

-
**September CPI inflation**, or

-
**2.5%**.

However, the policy faces growing scrutiny. Critics argue it is **financially unsustainable**, with the **Office for Budget Responsibility (OBR)** estimating it will cost **£15.5 billion annually by 2030**, amid a widening **£50 billion gap in public finances** and an ageing population.

The **Institute for Fiscal Studies (IFS)** has urged the Government to **replace the triple lock** with a **wage-linked system**, warning that maintaining it could eventually **push the UK’s retirement age to 74** to keep the system affordable.

---

**Original URL:** https://www.share-talk.com/state-pension-to-rise-to-12547-a-year-in-april-under-4-8-triple-lock-increase-2/
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