Key facts
- Older state pensioners in the UK will receive an extra cash boost in June.
- The payment amount is confirmed at £739.
- The increase is due to a change in the triple lock system.
The UK government's Department for Work and Pensions (DWP) has confirmed that older state pensioners will receive an additional payment in June. This boost is a result of changes to the triple lock system, which typically ensures state pensions rise in line with inflation, average earnings, or 2.5%, whichever is highest. The specific amount confirmed for this payment is £739. Additionally, a DWP update alerted married couples to a potential £4,300 annual shortfall in their pension pots.