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  "path": "/money/state-pension-changes-to-hit-bank-accounts",
  "publishedAt": "2026-03-07T11:15:36.000Z",
  "site": "https://www.gbnews.com",
  "tags": [
    "Retirement crisis looms as millions of pension savers could see £72,000 wiped from their pots",
    "Labour awards £370m contract to company 'at centre of pensions crisis'",
    "Pension warning as thousands of over-60s risk running out of money just four years into retirement",
    "The GB News Editorial Charter"
  ],
  "textContent": "\n\n\nMillions of pensioners across Britain will see their income rise next month as three major payment changes to the state pension and related benefits come into force from April 6.\n\nThe Department for Work and Pensions (DWP) has confirmed that the state pension will increase by 4.8 per cent under the Government’s triple lock policy.\n\n###\n\n\n\n\nThe rise is based on the highest of three measures used to calculate annual increases, with average wage growth proving the largest factor this year.\n\nThose receiving the full new state pension will see their weekly payments increase to £241.30 from April.\n\n###\n\n\n\n\nTRENDING\n\nStories\n\nVideos\n\nYour Say\n\n###\n\n\n\n\nThis represents an increase from £230.25 per week, giving pensioners on the full rate an additional £574.60 over the course of a year.\n\nOver 12 months, the full new state pension will amount to £12,547.60 compared with £11,973 previously.\n\nThe new state pension applies to men born on or after April 6, 1951, and women born on or after April 6, 1953 who have reached the current state pension age of 66.\n\nHM Treasury said the increase reflects the Government’s commitment to maintaining the triple lock during the current parliament.\n\n\"Thanks to our commitment to the pension Triple Lock for this parliament, pensioners on the full new State Pension across the UK are set to receive an extra £575 a year, which they'll start seeing from April 2026.\"\n\nThe actual amount received by individuals may vary depending on their National Insurance contribution record.\n\n###\n\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nAlongside the increase to the new state pension, the basic state pension paid to older pensioners will also rise from April.\n\nThe full basic state pension will increase from £176.45 per week to £184.90.\n\nThis represents a weekly rise of £8.45 and brings the total annual payment to £9,614.80, compared with £9,175.40 previously.\n\nThe basic state pension applies to men born before April 6, 1951 and women born before April 6, 1953.\n\nTo qualify for the full basic state pension amount, individuals must have a sufficient number of qualifying National Insurance years.\n\n### LATEST DEVELOPMENTS\n\n\n\n\n  * Retirement crisis looms as millions of pension savers could see £72,000 wiped from their pots\n  * Labour awards £370m contract to company 'at centre of pensions crisis'\n  * Pension warning as thousands of over-60s risk running out of money just four years into retirement\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nMen born between 1945 and 1951 typically need 30 qualifying years while those born before 1945 generally require 44 qualifying years.\n\nWomen born between 1950 and 1953 usually need 30 qualifying years while those born before 1950 require 39 years.\n\nPensioners who have not built up enough qualifying years will receive a lower amount than the full £184.90 weekly rate.\n\nPayments under Pension Credit are also increasing from April to help pensioners on lower incomes meet living costs.\n\nThe standard minimum guarantee for the benefit will also rise by 4.8 per cent.\n\nSingle claimants will see their weekly payments increase from £227.10 to £238.\n\n###\n\n\n\n\n###\n\n\n\n\nThis represents a rise of £10.90 per week, which equates to an additional £566.80 over a full year.\n\nCouples claiming the benefit jointly will see their weekly payments increase from £346.60 to £363.25.\n\nThat change represents a weekly increase of £16.65 and amounts to an additional £865.80 across 12 months.\n\nPension Credit is designed to support pensioners on lower incomes by topping up their weekly income to a minimum level.\n\nThe benefit can also provide access to additional support including help with housing costs, council tax reductions and other financial assistance available to eligible pensioners.\n\n###\n\n\n\n\n**Our Standards:The GB News Editorial Charter**",
  "title": "​The state pensi​on changes to hit bank accounts in April as triple lock provides £575 boost"
}