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Evening Standard
Evening Standard
Vicky Shaw

Full new state pension set to top £13,000 under triple lock guarantee

The full new state pension is on course to exceed the £12,570 personal allowance next year for the first time (Lucy North/PA Archive) - (PA Archive)

Pensioners are on course for 3.9% state pension boost next year after the final piece of the triple lock puzzle was revealed on Wednesday.

Under the triple lock mechanism, the state pension sees an annual rise in April in line with inflation, wages, or 2.5% – whichever is higher.

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