State pension: How much will you get and when can you get it? | Personal Finance | Finance

0

With the state pension playing a vital role in retirement for many people, it is important people are able to access key information about their state pension. The Government provides a service which allows Britons to find out where they stand.

This is known as the ‘Check your state pension forecast’ tool.

It is completely free to use and can be accessed online through the official Government website (Gov.uk).

However, people should be aware that they cannot use the service if they are already receiving their state pension.

Those who have reached state pension age but have deferred their pension are also unable to use the tool.

READ MORE: State pension, PIP, Universal Credit: Which benefits have increased? Full list

Someone may be able to increase their state pension if they are not already entitled to the full sum.

Those with an insufficient National Insurance record could be denied the full state pension.

The full new state pension is currently worth £185.15 a week.

Britons can get their state pension once they reach state pension age, which is currently 66. It is set to increase in the future to 68.

Previously, it was possible to sign in via GOV.UK Verify, but this is no longer the case.

There are also other ways to get a forecast for those who do not want to use the online service.

Britons can fill in a BR19 application form and send it by post to the Future Pension Centre.

Alternatively, they can call the Future Pension Centre and get a forecast posted out.

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