DWP Announces £920 Annual Increase in State Pension Payments Starting April 2025

The Department for Work and Pensions (DWP) has announced an increase in State Pension payments, effective April 2025, with the Basic State Pension rising to approximately £176.45 per week and the New State Pension reaching around £230.25 per week. This adjustment, which results in an annual increase of up to £920, is part of the government's commitment to the Triple Lock system, ensuring pensions rise in line with earnings growth, inflation, or a minimum of 2.5%. Pensions Minister Torsten Bell emphasized that the increase aims to support elderly citizens facing rising living costs. Additionally, to boost uptake of Pension Credit, the DWP is conducting a significant awareness campaign, as many eligible pensioners are currently not claiming this support. The announcement aligns with other DWP updates, including benefit payment schedules and upcoming financial changes in March. Overall, these measures reflect the government's wider strategy to enhance financial security for pensioners in the UK.