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The state pension is expected to rise by an even bigger amount than previously thought after a key figure used in the triple lock was revised.

Under the triple lock guarantee, the state pension rises every April in line with whichever is the highest of earnings growth in between May to July, inflation in September, or 2.5%, reports MirrorOnline.

Wage growth for May to July was originally believed to be 4.7% but in an update last week, the Office for National Statistics (ONS) revised this figure upwards to 4.8%.

READ MORE: Major DWP state pension change announced for near future with millions affected

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Inflation is presently sat at 3.8% so this means wage growth is likely to be the figure used

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