Millions of pensioners will get a £470 boost under the new State Pension rates. (Image: Getty)
Millions of state pensioners across the UK will be given a £470 boost to their income next year when the take effect.
Labour confirmed an uprating to pensions in the last month after committing to the to ensure pensioners are protected in their retirement.
Chancellor Rachel Reeves announced that the basic and new will both be uprated by 4.1% in the 2025/26 tax year.
According to the government, this will see more than 12 million pensioners gain up to £470 next year when the uplift takes effect—a rise of up to £275 more than if uprated by inflation.
The () has now confirmed the exact amount the will increase from April under the new 2025 to 2026 rates.
New State Pension
-
Full rate – rising from £221.20 to £230.25 per week
Old State Pension
-
Category A or B basic pension – rising from £169.50 to £176.45 per week
-
Category B (lower) basic pension – spouse or civil partner’s insurance – rising from £101.55 to £105.70 per week
-
Category C or D – non-contributory – rising from £101.55 to £105.70 per week
Further details on additional , increments, and invalidity allowances are on the .
Don’t miss…
In addition, the Pension Credit Standard Minimum Guarantee has also risen by 4.1% from April, increasing from around £11,400 per year to £11,850 for a single pensioner. The new rates are:
Standard minimum guarantee
-
Single – rising from £218.15 to £227.10 per week
-
Couple – rising from £332.95 to £346.60 per week
Additional amount for severe disability
-
Single – rising from £81.50 to £82.90 per week
-
Couple (one qualifies) – rising from £81.50 to £82.90 per week
-
Couple (both qualify) – rising from £163.00 to 165.80 per week
Further details on amounts for carers, children and savings credit are set out on the .