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Pensioners who retired before 2016 have been dealt a blow as new payments were confirmed for next year.

The state pension is expected to rise by 4.8% from April 2026 but not everyone will receive the same amount.

This is because of the two-tier pension system which exists in the UK.

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Older pensioners receive less in their weekly payments from the Government than those who retired after 2016.

Seniors who retired in the last decade are on the full state pension, while older people are still on the older basic pension.

The new pension will rise to £12,548 next year - but the basic pension will be around £3,00

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