Andy Burnham and John Healey £395 payments for state pensioners born before 1950

NewsCost Of LivingPensionOver-65s set for bumper payments under triple lock rules09:24, 26 Aug 2026Updated 09:30, 26 Aug 2026Andy Burnham confirmed he'd be keeping the Triple Lock.Older retirees are set to see their pension payments rise by hundreds of pounds.‌Latest increases to the state pension are expected to be confirmed at the Budget in October.‌As it stands, the basic state pension, paid to everyone who retired before 2016, is on course to climb by £395.‌READ MORE: Andy Burnham and John Healey £515 payments for state pensioners born before 1960READ MORE: Andy Burnham £150 cost-of-living payments from OctoberNew rates will come into effect in April 2027.‌The state pension amount each year is determined by the Government's triple lock.This sees the total rise in line with whatever is