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Triple Lock uprate sparks two-tier State Pension payouts

Core pension rates rose by 4.1% this April under the Triple Lock while all additional components tracked CPI inflation, highlighting growing payout disparities.

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Overview

  • Under the Triple Lock guarantee, core New and Basic State Pension rates increased by 4.1% in April 2025.
  • Deferred amounts and other additional pension elements were raised by 1.7%, the September CPI rate, creating a two-tier uprating system.
  • The DWP reports there are 13 million State Pensioners in Great Britain, with 34% on the New State Pension and 66% receiving the Basic/Old State Pension.
  • The Labour Government has pledged to maintain the Triple Lock throughout its term, forecasting a 4.1% increase for 2025/26 followed by 2.5% annual rises.
  • Former DWP specialist Sandra Wrench warned that unequal uprating may deepen long-term disparities and urged a review of the Triple Lock’s sustainability.