what is the current state pension 2023

According to the search results, the full state pension for 2023 is £203.85 per week. This is an increase from the previous year, which was £185.15 per week. The increase is due to the triple lock guarantee, which means that the state pension increases each year based on the highest of three factors: the consumer price index (CPI) measure of inflation, average earnings between May and July of the previous year, or 2.5% . The state pension is set to increase by 10.1% in April 2023 due to the triple lock guarantee. If the government remains committed to the triple lock system, the state pension is likely to increase by 8.5% in April 2024. However, the prime minister has not yet confirmed whether or not the triple lock will remain in place. The amount of state pension you receive depends on your age and your national insurance record.