| UPDATED: 14:56, Fri, Mar 5, 2021
Link copied
Make the most of your money by signing up to our newsletter for FREE now
SUBSCRIBE Invalid email
When you subscribe we will use the information you provide to send you these newsletters.
Sometimes they'll include recommendations for other related newsletters or services we offer.
Our Privacy Notice explains more about how we use your data, and your rights.
You can unsubscribe at any time.
The State Pension triple lock ensures the sum eligible retired Britons receive from the Department for Work and Pensions (DWP) rises each year. The state pension triple lock was introduced by the then-coalition Government in 2010 to ensure the state pension would not lose value in real terms. State pensioners can expect to see their sum rise each year by the highest of the following factors: 2.5 percent, inflation or earnings growth.