New state pensioners will be given up to £575 extra per year in a confirmed boost to their state pension thanks to the triple lock, after Parliament voted to approve the plans today (Tuesday, February 10).

Proposals to increase state pensions by 4.8%, in line with the wage growth element of the triple lock, have been made official in the House of Commons after MPs voted to approve the plans.

It means that the state pension will rise by £575 annually for new state pensioners, up from £230.25 to £241.30 from April 6 onwards.

The new state pension will increase by £11.05, with the weekly allowance increasing from £230.25 to £241.30. Those receiving the old, basic state pension will see an increase of £8.45 a week, rising from £176.45 to £184.90.

The figures are based on the maximum possible amount for those with a full qualifying National Insurance record.

The triple lock,enshrined in UK law, works by automatically increasing state pension payouts by one of three metrics each new financial year: to match wage growth, to match inflation, or just a flat 2.5%, whichever of these three is the highest.

Work and pensions minister Stephen Timms said the motions approved by MPs “commits the Government to increased expenditure of £9 billion in 2026/27, of which £6 billion will be from state pensions and pension benefits, £2 billion from disability and carers benefits, and £1 billion from other working age benefits”.

He added: “Changes will mainly come into effect from the 6 of April this year and apply for the tax year 2026/27.

“The order maintains the triple-lock, which benefits pensioners in receipt of both the basic and new state pensions, raises the level of the safety net in pension credit beyond the increase in prices, and increases the rates of benefit for those in the labour market, and increases the rates of carers benefits and benefits to help with additional costs arising from disability or health impairment.”

Universal credit standard allowances will also see an additional uplift of 2.3%, after the Commons passed a social security motion on Tuesday.