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DWP to Increase State Pensions by £440 Annually Starting May

Monday, April 27, 2026 dwp pensions triplelock statepension inflation retirement costofliving governmentspending economy socialcare

Starting in May, older state pensioners will see their weekly payments rise from £176.45 to approximately £184.90, thanks to the government’s Triple Lock policy. This increase translates to an extra £8.45 per week, or about £37 more per month, totaling an additional £440 annually. The new pension rates apply to older pensioners—men born before 1951 and women born before 1953—and reflect the latest adjustments announced by the Department for Work and Pensions (DWP).