The triple lock mechanism could deliver another substantial boost to the state pension next April. State pension payments underwent an increase of 4.8 per cent in April thanks to the policy. The Government measure ensures that payments increase each April in line with whichever is highest - whether it is 2.5 per cent, the growth in average earnings, or inflation. This has led to some significant pay rises in recent years, including a record 10.1 per cent boost in April 2023. That was driven by

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