The Department for Work and Pensions (DWP) has confirmed that state pensioners aged 66 to 75 will receive payments of £965.20 every four weeks starting in July 2026. This follows a 4.8% increase in the full new State Pension, which now stands at £241.30 per week, up from £230.25 previously.
Who Qualifies for the Full New State Pension
The full new State Pension is paid to individuals born after 1951 (for men) and after 1960 (for women), covering those aged 66 to 75. Eligible pensioners can expect a maximum weekly increase of £11.05, translating to £965.20 per four-week payment period.
Triple Lock Increase Confirmed by DWP
Earlier this year, DWP Secretary Pat McFadden announced the increase, stating: “I am pleased to announce that the basic and new State Pensions will be increased by 4.8%, in line with the increase in average weekly earnings in the year to May-July 2025. This delivers on our commitment to the Triple Lock, increasing these rates in line with the highest of growth in prices, growth in earnings or 2.5%. From April, the full annual rate of the new State Pension will increase by around £575. The full annual rate of the basic State Pension will increase by around £440.”
Payment Dates and National Insurance Numbers
The DWP has explained that payment dates depend on the final two digits of a pensioner's National Insurance number, which correspond to the day of the week payments are issued. The DWP advises: “You’ll be asked when you want to start getting your State Pension when you claim. Your first payment will be no later than 5 weeks after the date you choose. You’ll get a full payment every 4 weeks after that. You might get part of a payment before your first full payment. The letter confirming your State Pension payment will tell you what to expect. The day your pension is paid depends on your National Insurance number. You might be paid earlier if your normal payment day is a bank holiday.”
Impact on Pensioners
This increase provides a significant boost for pensioners aged 66 to 75, with the annual full new State Pension rising by approximately £575. The payments are part of the government's commitment to the Triple Lock, ensuring pensions keep pace with earnings growth, inflation, or 2.5%, whichever is highest.
