The 1.9 million drawing a reduced basic pension will receive an even more modest sum.Many retirees across both schemes also receive supplementary payments, commonly referred to as Serps, which are uprated only in line with inflation rather than the triple lock, further widening the gap between the publicised figure and what actually lands in their accounts.Andrew Tully, of Nucleus, said: “While the headlines will say the state pension is increasing by almost £500, the majority of people won’t receive that amount.“The triple lock is a headline increase, but it’s certainly not a universal one.”He added: “Millions of pensioners may also find that parts of their state pension only rise with inflation, leaving their overall increase below the figure that appears in the news.