You can claim state pension when you reach the state pension age. For men and women, this is currently The age at which you're eligible for the state pension is set to increase again to age 68 between and , although the revised timetable hasn't been confirmed. To find out when you will qualify for the state pension, you can use our state pension age calculator.
Note - In July , the government announced its intention to increase the state pension age from 67 to 68 between and , which is seven years earlier than previously planned see below.
Note that the calculator does not currently reflect the increase in state pension age occurring in We will update the tool when the government publishes more information. The July review revealed plans to bring the state pension age increase to 68 forward to between and Financial Services Limited.
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All 5 calculators. In this article. One of our pension specialists will be happy to answer your questions. Opening times: Monday to Friday, 9am to 5pm helpline , 9am to 6pm webchat. Closed on bank holidays. This may be lower depending on when you reached State Pension age and your National Insurance record. If you reached State Pension age before 6 April , you only needed 30 years to qualify for the full amount. The amount you get depends on your National Insurance record. Although the amount you received was made up slightly differently.
The amount you are forecast to get assumes you make or are credited with the maximum number of National Insurance credits in the years up to your State Pension age. UK website. The online version of the forecast also gives you an opportunity to see a summary of your National Insurance contribution history. Some people might not have the required amount of National Insurance contributions or credits to get the full State Pension, or qualify at all.
Credits can help to fill gaps in your National Insurance record, to make sure you qualify for certain benefits including the State Pension. MoneyHelper is the new, easy way to get clear, free, impartial help for all your money and pension choices. Whatever your circumstances or plans, move forward with MoneyHelper.
Download app: WhatsApp. For help sorting out your debts or credit questions. For everything else please contact us via Webchat or telephone. Got a pension question? Our help is impartial and free to use. Get in touch online or over the phone on Benefits if you have children Entitlements to help with the cost of pregnancy or bringing up children.
Benefits if you're sick, disabled or a carer Understand what support is available for coping with ill health. Benefits in later life You may be entitled for help with other costs on top of your State Pension. Problems with benefits What to do if something goes wrong with your benefits.
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How to invest, types of investing, buying and managing. Help with meeting goals, tax-friendly saving, saving for children. UK website. The State Pension age is the earliest you can claim your State Pension. Your State Pension age depends on when you were born. There are some changes to the State Pension age at the moment. For people reaching State Pension age now, it will be age 66 for women and men. For those born after 5 April , there will be a phased increase in State Pension age to 67, and eventually It's important not to confuse the State Pension age with your retirement age.
Retirement age is the age you retire — and it can vary a lot depending on your financial situation. Call us free on or use our webchat. One of our pension specialists will be happy to answer your questions.
Opening times: Monday to Friday, 9am to 5pm helpline , 9am to 6pm webchat. Closed on bank holidays. The amount you get might be lower, as your entitlement to State Pension depends on your National Insurance record. You need a minimum of ten years' contributions or credits to get any State Pension, and 35 years on your record to get the full amount. In some cases, the amount you get might be higher. State Pension is taxable but paid before any tax is taken.
Examples of other taxable income include from employment or a private or occupational pension. Our free and flexible Couch to Financial Fitness plan will help you build confidence to manage your money. Step by step we can help you cut your spending, develop core saving muscles, and create better habits for the future.
The triple lock makes sure that your State Pension rises by the higher of the average increase in prices as measured by the Consumer Price Index , the average increase in wages and 2. If your State Pension includes any Additional State Pension, this will be increased in line with the average increase in prices as measured by the Consumer Price Index.
You need to have paid or been credited with 35 years of National Insurance contributions to receive the full State Pension amount. Pension Credit is a means-tested State benefit. As well as checking your State Pension age, you can check your entitlement by getting a State Pension forecast. The amount you're forecast to get assumes you make, or are credited with, the maximum number of National Insurance credits in the years up to your State Pension age.
Find out about extra sources of income and support available to help you manage your household bills and save money in our guide What benefits you can claim and other ways to increase your income. You should get a letter no later than two months before you reach State Pension age, telling you what to do. If you want to change the bank account your State Pension is paid into, contact the Pension Service on Both numbers are available Monday to Friday, 9.
Your first payment will usually be within five weeks of reaching State Pension age. The day your State Pension is paid depends on the last two digits of your National Insurance number. MoneyHelper is the new, easy way to get clear, free, impartial help for all your money and pension choices. Whatever your circumstances or plans, move forward with MoneyHelper. Download app: WhatsApp. For help sorting out your debts or credit questions. For everything else please contact us via Webchat or telephone.
Got a pension question? Our help is impartial and free to use. Get in touch online or over the phone on Benefits if you have children Entitlements to help with the cost of pregnancy or bringing up children. Benefits if you're sick, disabled or a carer Understand what support is available for coping with ill health.
Benefits in later life You may be entitled for help with other costs on top of your State Pension.
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