State pensioners aged under 77 will be given the payments this month.
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Older state pensioners will be able to get up to £965.20 in their October state pension payment if they have a full National Insurance record, the DWP has confirmed.
The Department for Work and Pensions has set out the payment rates for basic rate state pensioners. These are updated every April in line with the triple lock (although, from 2030, the triple lock is set to end).
Those who retired after April 2016 are given more per week than new state pensioners in their basic weekly payments, at £241.30 rather than £184.90, after the recent Triple Lock boost, which added another 4.8% in April (though this is not including any Additional Pension or SERPs payments older state pensioners can get, unlike new state pensioners).
State pensioners can get £965.20 in October (Image: Getty)
New state pensioners are those who hit state pension age in April 2016, so would be no older than 77 today, depending where their birthday falls.
For every four-week period, younger state pensioners will get up to £965.20 from their basic rate state pension payments, as long as they have maximised their National Insurance record.
Those with incomplete records will see lower total take-home for their pension payments, depending on how far off the full record they are, which the DWP calculates on a case-by-case basis when you first hit state pension age.
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The Triple Lock itself is set to be axed, knocked down to a less lucrative ‘double lock’ from 2030 with wage growth removed from the calculation, which Prime Minister Andy Burnham says will be used to fund free social care instead.