Regardless of when a person does ultimately receive their state pension, under current rules they may expect an increase to this sum every year.

The Triple Lock Mechanism, first introduced by the coalition government, is a guarantee of an increase to the full state pension figure annually. 

As it stands, payments increase each year by the highest of inflation, average earnings growth or 2.5 percent, depending on which is the highest.

In April 2020, pensioners witnessed an increase of 3.9 percent, in line with average earnings growth.

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