https://birminghamdaily.co.uk/tags/pensionscheme/Recent content in pensionscheme on Birmingham DailyHugo -- gohugo.ioen-usTue, 12 May 2026 05:04:50 +0000https://birminghamdaily.co.uk/dwp-blocks-575-triple-lock-increase-for-three-groups-of-state-pensioners/Tue, 12 May 2026 05:04:50 +0000https://birminghamdaily.co.uk/dwp-blocks-575-triple-lock-increase-for-three-groups-of-state-pensioners/Approximately 450,000 state pensioners are set to be excluded from this year’s £575 Triple Lock increase, with three specific groups hit hardest by the Department for Work and Pensions (DWP) policy. The Triple Lock, designed to boost state pensions annually by the highest of wage growth, inflation, or 2.5%, will not apply to retirees living overseas in many countries, those lacking sufficient National Insurance contributions, and individuals who were “contracted out” of the state pension scheme before April 2016.