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State pensioners are in line for a bigger boost than previously expected next year after a key figure used to decide the amount was revised upwards.

The exact payment increase will be determined after the Consumer Prices Index (CPI) inflation figure for September is announced on October 22. But it's not expected to be higher than average annual earnings growth, which means this is likely to be the leading factor in the triple lock.

More than 13 million people receive a State Pension , including 4.7 million who get the New State Pension introduced in April 2016. The rest receive one of the older types of pension that were in effect before that cut-off point, including 5.4 million who are on what's called the Basic State Pension.

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