£395 bonus for state pensioners born before 1950

NewsCost Of LivingPensionPayments set to rise again under triple lock rules08:35, 02 Sep 2026Updated 08:39, 02 Sep 2026Pensions will be rising next year.(Image: iStockphoto)Older households are on course for a state pension boost worth hundreds of pounds.‌Early details of possible pension payments from next spring have been revealed.‌Pension amounts are expected to be confirmed at Chancellor John Healey's first Budget in October.‌READ MORE: State pensioners told not eligible for Winter Fuel Payments even if they meet age ruleREAD MORE: Andy Burnham and John Healey new £800 PIP payment update in OctoberAccording to current forecasts, the basic state pension, paid to everyone who retired before 2016, is set to climb by £395.‌Increases to the state pension each year are determined by the Gove