State Pensions are paid to those who reach official State Pension age every four or so weeks. The State Pension age is steadily increasing, with the latest changes coming into effect in April 2020.
In April, the State Pension age increased to 66 for men and women and will rise further to 67 by 2029, before another rise to 68 between 2037 and 2039.
The amount of State Pension you receive depends on the qualifying years of National Insurance contributions you have made.
These are earned over your lifetime and the amount you get generally depends on how many years you’re in work.
You can also build them up as NI credits for time spent raising a family, if you care for someone who is sick or has a disability, or have been enrolled in full-time training.
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How to check my State Pension amount
To check the State Pension amount you could get, visit the Government’s State Pension calculator here.
You will need to have a Government Gateway user ID and password, a GOV.UK verify account, a digital identity from another EU country.
If you have none of these you can create an account and will need your National Insurance number and a recent payslip or P60 or a valid UK passport to do so.
The service allows you to find out:
- how much State Pension you could get (this amount is also known as your State Pension forecast)
- when you can get it
- how to increase it, if you can
The statement you will see:
- is not a guarantee and is based on the current law
- is based on your National Insurance record up to 5 April 2020
- the statement also assumes you will contribute up to your State Pension age
- it does not factor in any increases due to inflation
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The statement will tell you how many years of contributions you have on your record,- you will need at least 10 years to receive any State Pension.
This service will also allow you to view your National Insurance contributions, the amounts and whether each tax year you have contributed is measures as a full year or not.
The highest amount claimants can receive is £175.20, and to get this amount you will need 35 years of NI contributions.
This amount may not be the amount you receive when you reach Start Pension age, as the amount increases each year based on the Government’s triple lock system.
This means the State Pension amount increases by whichever is highest out of 2.5 percent, inflation or average wage growth.
What age will I get my State Pension?
The earliest you can get a State Pension is when you reach the official State Pension age.
Currently, for men and women, State Pension age is 66 having increased in April 2020.
You’re eligible for the Basic State Pension if you were born before:
- April 6, 1951, if you are a man
- April 6, 1953, if you are a woman
If you were born after these dates you qualify for the new State Pension.
You don’t have to receive state pension when you reach state pension age, you can defer payments.
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