State Pension Increases Since 2024. In april 2024, the new state pension increased by 8.5% to £221.20 per week. The fund is valued annually as mandated under paragraph 32 of the eps, 1995.

Pensioners who qualified for the state pension before april 2016 and receive the basic state pension will see their weekly payments rise from £156.20 to £169.50. The 10.1% increase in the 2023/24 tax year was the largest annual rise in the state.