DWP state pension rise next April ‘cancelled’ for millions of pensioners

It comes as people face higher costs as we head into winter

Pensioners waiting for increased payments from April 2025 may find themselves completely short-changed as they lose access to a crucial financial boost. The latest inflation figures suggest state pension payments are likely to rise by 4.1% in less than six months, in line with the average benefit growth component of the triple lock.

This would mean a total increase in the new state pension from £221.20 per week to £230.30 per week, an annual increase of £473.60. The full basic state pension would rise from £169.50 per week to £176.45 per week, providing an annual increase of £361.40.

However, many pensioners receive less than the full amount and with millions of people losing access to the Winter Fuel Payment this year, worth between £200 and £300, many people will not see any increase of salary Greg Marsh, managing director of money-saving tool IA Nous.co, commented: “For millions of pensioners, the increase will be almost completely canceled out by the loss of their fuel payment winter

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“This will leave a significant number struggling to pay their bills just as we head into winter, so it’s crucial that people save where they can.” He encouraged pensioners to explore whether they could save on their energy bills by switching suppliers, adding: “The cheapest way to pay for energy is by direct debit – households paying by cash or check currently pay around £100 a year more than direct debit Most households don’t have a fixed deal right now and can save by switching providers with services like Nous.