Published On: Tue, Apr 7th, 2026
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Millions to see their pensions rise this week – full list of new rates | Retirement | Finance

Man checking finances

Millions of pensioners across the country will see an increase in their State Pension this month (Image: Getty)

Millions of pensioners throughout the UK will witness a rise in their State Pension this month as the annual uprating takes effect on 6 April. The Triple Lock increase will see those receiving the full New State Pension get £241.30 weekly, while those on the maximum Basic State Pension will receive £184.90 per week.

As reported by the Daily Record, under the Triple Lock the New and Basic State Pensions rise each year in accordance with whichever is the highest between the average annual earnings growth from May to July (4.8%), CPI inflation rate (3.8%) in the year to September, or 2.5 per cent. Additional State Pension elements and deferred State Pensions increase annually with the September CPI figure.

The full New State Pension will rise by approximately £574 to £12,547 over the new financial year. However, the uprating leaves just £36 before the Personal Allowance income threshold of £12,570 is exceeded, which would see more pensioners with any additional income pay tax in retirement.

Pensions minister Torsten Bell said: “After a lifetime of work and contribution, people deserve a decent retirement.

“Raising the State Pensions faster than prices, ensuring it is a pension they can rely on, is how we make that a reality for millions.”

Senior couple feeling worried viewing online banking on laptop

The Triple Lock increase will see those on the full New State Pension get £241.30 a week (Image: Getty)

The UK Government recently confirmed that new measures will be introduced by HM Revenue and Customs (HMRC) this year to ensure pensioners – whose sole income is the State Pension – will not be required to complete a Simple Self Assessment tax return should their payment push them beyond the Personal Allowance threshold of £12,570.

This follows Chancellor Rachel Reeves’ announcement during the Autumn Budget that the Personal Allowance will remain frozen at £12,570 until April 2031.

It is worth bearing in mind that the amount of State Pension an individual receives is determined by their National Insurance contributions.

To qualify for the full New State Pension, approximately 35 years’ worth of contributions are required, though this may vary for those who were ‘contracted out’.

Department for Work & Pensions at Caxton House in Westminster, London

The amount of State Pension someone receives depends on their National Insurance contributions (Image: Getty)

New State Pension payment rates 2026/27

Full New State Pension

  • Weekly: £241.30 (from £230.25)
  • Four-weekly pay period: £965.20
  • Annual amount: £12,547

Full Basic State Pension

  • Weekly: £184.90 (from £176.45)
  • Four-weekly pay period: £739.60
  • Annual amount: £9,614

Other State Pension rates

  • Category B (lower) Basic State Pension – spouse or civil Partner’s insurance: £110.75 (from £105.70)
  • Category C or D – non-contributory: £110.75 (from £105.70)

Full details on Additional State Pension, Widows Pension, increments and Invalidity Allowance can be found on GOV.UK.

New Pension Credit rates

Standard minimum guarantee

  • Single: £238.00 (from £227.10)
  • Couple: £363.25 (from £346.60)

Additional amount for severe disability

  • Single: £86.05 (from £82.90)
  • Couple (one qualifies): £86.05 (from £82.90)
  • Couple (both qualify): £172.10 (from £165.75)
  • Additional amount for carers: £48.15 (from £46.40)

State Pension and tax

Guidance on GOV.UK states: “You pay tax if your total annual income adds up to more than your Personal Allowance. Find out about your Personal Allowance and Income Tax rates.

Your total income could include:

  • the State Pension you get – Basic or New State Pension
  • Additional State Pension
  • a private pension (workplace or personal) – you can take some of this tax-free
  • earnings from employment or self-employment
  • any taxable benefits you get
  • any other income, such as money from investments, property or savings

Check if you have to pay tax on your pension

Before you can check, you will need to know:

  • if you have a State Pension or a private pension
  • how much State Pension and private pension income you will get this tax year (April 6 to April 5)
  • the amount of any other taxable income you’ll get this tax year (for example, from employment or state benefits)

You cannot use this tool if you get:

  • any foreign income
  • Marriage Allowance
  • Blind Person’s Allowance

Use this online tool at GOV.UK to check if you have to pay tax on your pension. The full guide to tax when you get a pension can be found on GOV.UK here.