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State Pension

Government pension based on National Insurance contributions. Available when you reach State Pension age.

£221.20

per week (2024/25)

£11,502 per year

Age 66

Current pension age

Rising to 67 by 2028

35 Years

For full pension

Minimum 10 years

How It Works

Build your State Pension through National Insurance contributions during your working life. The amount you receive depends on your NI record.

Full Pension

35 years of NI contributions

Minimum

10 years to receive any pension

How Much Will You Get?

Your pension is calculated proportionally based on your qualifying years. The formula is: (Your Years ÷ 35) × £221.20

10 YearsMinimum

£63.20/week

£3,286/year

20 Years57% of full

£126.40/week

£6,573/year

30 Years86% of full

£189.60/week

£9,859/year

35 YearsFull Pension

£221.20/week

£11,502/year

Official Source: Check your personal forecast at gov.uk/check-state-pension | Official rates

Key Features

Payment

Every 4 weeks into your bank account

Increases

Triple Lock: inflation, earnings, or 2.5%

Taxation

Taxable income, paid gross

Deferral

+1% for every 9 weeks deferred

Building Your Entitlement

Working and paying National Insurance

National Insurance credits (unemployment, caring)

Voluntary NI contributions

Child Benefit for children under 12

Important Information

Annual Amount

Full State Pension provides £11,502 per year

Check Your Record

View your forecast and contribution history at gov.uk

Individual Entitlement

Each person builds their own State Pension

State Pension Questions?

Contact us for information about your State Pension record and entitlement.