All state pensioners will get a 4.8% cash boost under the triple lock in days. The rise is due to the “triple lock” commitment, which ensures that the State Pension increases based on one of three measures: average earnings, inflation, or 2.5% – whichever is highest.

The upcoming rise on April 6 is in line with wage growth, which was the highest measure in the triple lock. As a result, the basic State Pension, which the majority of retirees are on, will rise to £184.90 weekly. Meanwhile, those on the New State Pension will be getting £241.30 per week from April (up from £230.25).

The annual incomes generated by the New State pension and the old State Pension will be £12,547 and £9,614, respectively.

Meanwhile, the age at which retirees claim their pension benefits from the state will start rising for millions of Britons from April 6 until April 2028.

It’s being phased in over three tax years to prevent pensioners from suddenly facing an abrupt one-year wait.

Some receive their state pension at age 66 and 1 month, in one-month increments, up to those who will get theirs at age 66 and 11 months, until the transition to 67 is complete.

Eligible pensioners should receive a letter from the Department for Work and Pensions (DWP) before they become entitled to the State Pension, informing them when and how they can claim the benefit, investment platform AJ Bell explains.

In its guidance about the phase-in, the Government said: “The Pensions Act 2014 brought the increase in the state pension age from 66 to 67 forward by eight years. The state pension age for men and women will now increase to 67 between 2026 and 2028.

“The Government also changed the way in which the increase in the state pension is phased so that rather than reaching State Pension age on a specific date, people born between April 6, 1960 and March 5, 1961 will reach their state pension age at 66 years and the specified number of months.”

The state pension age is being reviewed again, earlier than is mandatory. The last pension age review was completed in 2023 and is only required to be redone every six years.

However, due to pressure on the public purse, the pension benefits age is being looked at again, sooner than planned.

It means the next pension age increase to 68, due in the 2040s, could be brought forward depending on what the review concludes.

The UK Government has a tool where you can check when you’ll reach State Pension age, you can find it here.