The new State Pension for the 2025/26 tax year is £230.25 per week for those eligible for the new flat-rate pension. This amount increased from £221.20 per week in the previous tax year, reflecting a 4.1% rise tied to inflation and average earnings growth. To qualify for the full amount, an individual typically needs 35 qualifying years of National Insurance contributions. Additionally, it is projected that the State Pension will increase further in the 2026/27 tax year by about 4.7%, which would raise the weekly amount to approximately £241.05, or £12,534.60 annually. For comparison, those receiving the older basic State Pension (for people who reached pension age before April 2016) will receive £176.45 per week in 2025/26, expected to rise to about £184.75 per week in 2026/27. In summary:
- New State Pension (2025/26): £230.25 weekly
- Projected increase (2026/27): ~£241.05 weekly
- Basic State Pension (2025/26): £176.45 weekly
- Projected increase (2026/27): ~£184.75 weekly
All increases are linked to the government’s "triple lock" policy that raises pensions by the highest of inflation, wage growth, or 2.5% annually.
