Cpi September 2024 Pension Increase Uk. The treasury expects the new full state pension to be boosted above inflation by more than £400 a year in cash terms. The consumer prices index (cpi) rose by 1.7% in the 12 months to.

The state pension could rise by 8.5% from april 2024 under the ‘triple lock’ guarantee, meaning millions of people could receive a weekly increase of up to £17.35. Under the earnings growth element of the triple lock (4.1%), people on the full new state pension will see payments rise by £9.10 per week from £221.20 to £230.30 and as the.