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State pension likely to rise by 3.9% next April

Image source, Getty ImagesImage caption, The state pension will rise by either this month's wage growth figure or next month's inflation figure

The state pension is likely to rise by 3.9% next April, according to the latest jobs and pay data.

Under the triple lock pension guarantee, an increase is based on either average wage growth, inflation or 2.5% - whichever is highest.

Average wage growth between May and July slowed, according to the Office for National Statistics.

Read original at BBC News

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