Overview

• The Triple Lock guarantee applies only to the basic State Pension component, creating separate uprating for those who reached pension age before and after April 2016.
• Recipients of the full new State Pension will receive £230.25 per week for 2025/26, while basic pensioners get £176.45 weekly, a £2,461 yearly shortfall.
• DWP inquiries launched in January 2021 and January 2024 have identified around £800 million in underpaid pension entitlements.
• Back payments issued so far range from about £2,203 to £11,725 per pensioner as corrective measures continue.
• The upcoming rise of the state pension age to 67 in April 2026 has intensified calls to reassess and reform the Triple Lock uprating mechanism.