Triple lock increase for April 2027 is 3.9% (probably)

SnowMan

Some informed comment on the double lock idea

https://www.pensionsage.com/pa/Industry-backs-triple-lock-reform-but-warns-adequacy-must-remain-central.php

It is easy to see how the greater of CPI and 2.5% each year would work. But the point is raised that there are a variety of mechanisms that could be employed to ensure the state pension 'hold its value relative to earnings over time'.

Baldytyke88

https://forums.moneysavingexpert.com/discussion/comment/82152317#Comment_82152317

Over the last 15 years the state pension rose by 14% more than wages, I would guess that cost HMRC a lot of money. The NHS and public sector received below inflation pay rises, whilst the state pension increased well above inflation.

LHW99

The NHS and public sector received below inflation pay rises

Though I doubt there were many full time employees earning £13k pa. Those state pensioners who don't also work or have an additional private pension are effectively "full time pensioners".

Autoenrollment should help reduce reliance on SP eventually, making the exact level relative to wages less critical, but that won't be the case for some years.