State pension: How to check how much you will get from the DWP and when | Personal Finance | Finance

0

However, the forecast does not take into account any potential increases to the state pension in the future, meaning it is not necessarily 100 percent accurate.

The state pension increases every year, and will rise by 3.1 percent from April 2022.

How much state pension someone gets will depend on their National Insurance record, with Britons needing at least 10 years’ worth of contributions to get any state pension at all.

To get the full new state pension, someone may need 35 years of contributions.

Britons will be able to find out if they can increase the amount of state pension they are due to get by using the forecast tool, which could be done by filling gaps in their National Insurance record.

FOLLOW US ON GOOGLE NEWS

 

Read original article here

Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment