Under the Triple Lock system, the New and Basic State Pensions rise annually by the highest of either average earnings growth ...

And those who reached State Pension age before April 2016, who are on the older basic State Pension, now receive £176.45 – up from £169.50.

And those who reached State Pension age before April 2016, who are on the older basic State Pension, will receive £176.45 – up from £169.50.