Find A Professional
More Items From Ergsy search
-
State Pension UK | How much will I get? | WILL IT LAST FOREVER?!?
Relevance: 100%
-
Will I qualify for the new state pension?
Relevance: 56%
-
NHS Pension - Total Rewards Statement Explained
Relevance: 55%
-
What Happens When Pensions Go Bust! | Pension System Collapse UK
Relevance: 54%
-
Unfreezing the Truth The UK's Frozen Pensions
Relevance: 46%
-
Answering NHS Pension Questions | Opting-Out | How to Claim | Moving Abroad etc.
Relevance: 45%
-
5 Ways You Can Contribute More To Your NHS Pension!
Relevance: 42%
-
Workplace Pension UK | Pros and Cons | GET FREE MONEY FROM YOUR EMPLOYER!
Relevance: 40%
-
NHS Pensions | How to Claim? | Ill Health, Active & Deferred Members
Relevance: 38%
-
NHS Pensions | All you need to know
Relevance: 38%
-
Police Pension Explained
Relevance: 36%
-
Teachers Pension Explained | All you need to know | Final Salary & Career Average Earnings
Relevance: 33%
-
Public Sector Pension Changes | McCloud Judgement | NHS Pensions etc.
Relevance: 31%
-
Higher Income Tax - How to Claim Pension Tax Relief | Extra 20% Boost
Relevance: 30%
-
Drawdown vs Annuities | Pensions UK | Which Is Better?
Relevance: 21%
-
What Happens To Investments and Pensions | Moving Abroad | Leaving the UK
Relevance: 21%
-
Divorce Step By Step - Form E - Capital
Relevance: 19%
-
Winter Fuel Payment Changes: What Pensioners in Scotland Need to Know
Relevance: 16%
-
Boost your Take Home Pay | Salary Sacrifice Explained UK
Relevance: 14%
-
Pension UK | SIPPs Explained | Who Are The Best Providers
Relevance: 13%
-
Divorce UK: What happens with the money in a divorce?
Relevance: 9%
-
Ultimate Guide to Financial Disclosure on Divorce in the UK
Relevance: 8%
-
Reporting a death using the "Tell Us Once" service
Relevance: 7%
-
Redundancy Coaching Couch 3: States
Relevance: 7%
-
Treating prostate cancer
Relevance: 5%
-
The history of the Baptist Church and Anabaptist: The Good The Bad and the Ugly
Relevance: 5%
-
Applying For Universal Credit
Relevance: 5%
-
how do I get the £500 cost of living payment before March deadline?
Relevance: 4%
-
Join our echocardiography team
Relevance: 4%
-
What documents will I need to apply for a Funeral Expenses Payment?
Relevance: 4%
-
Prostate cancer diagnosis and tests
Relevance: 4%
-
Understanding Your Rights During Divorce Proceedings in the UK
Relevance: 4%
-
What is Prostate Cancer?
Relevance: 4%
-
Ask for a prostate specific antigen (PSA) test along with your annual cholesterol check.
Relevance: 4%
-
Proposed Welfare Cuts and Their Impact on Vulnerable Populations
Relevance: 4%
-
Prostate Surgery
Relevance: 3%
-
What are PSA levels? - Prostate Cancer
Relevance: 3%
-
How much can I receive from the Funeral Expenses Payment?
Relevance: 3%
-
How to represent yourself in family court in England and Wales
Relevance: 3%
-
10 Examples of What Gaslighting Sounds Like
Relevance: 3%
Will I Qualify for the New State Pension?
Understanding the New State Pension
The new State Pension is a regular payment from the UK government designed to ensure individuals have a steady income when they reach the state pension age. Introduced for people retiring on or after April 6, 2016, it relies on your National Insurance record to determine eligibility and the amount you'll receive. This system modernizes pension entitlements in the UK and replaces the previous Basic and Additional State Pensions.
National Insurance Contributions
Your eligibility for the new State Pension largely depends on your National Insurance (NI) contributions. To receive the full new State Pension amount, you typically need 35 qualifying years of NI contributions. However, to receive any State Pension, a minimum of 10 qualifying years is required. These years need not be consecutive, and they can be built up throughout your working life. You earn these qualifying years by being in employment or through voluntary contributions, and in some cases, by receiving certain benefits such as Jobseeker’s Allowance or Child Benefit for a child under 12.
Checking Your State Pension Forecast
To find out if you will qualify and how much you’re likely to get, you can use the UK government's online service to check your State Pension. It provides a forecast based on your current NI record, showing what you might receive, when you can claim it, and how to increase it if possible. Regularly checking your forecast enables you to make informed decisions about additional retirement savings or required NI contributions.
What Happens If You've Lived or Worked Abroad?
If you have spent part of your career in other countries, your eligibility can still be positively impacted. The UK has agreements with several countries to ensure your contributions made elsewhere may count towards your State Pension. It’s advisable to check with the Department for Work and Pensions (DWP) to understand how overseas contributions might affect your pension benefits.
Conclusion
Determining your eligibility for the new State Pension requires understanding your National Insurance record and potentially international contributions. Stay proactive by checking your pension forecast regularly, and ensure you reach the minimum contribution threshold to secure your financial future post-retirement.
Will I Get the New State Pension?
What is the New State Pension?
The new State Pension is money from the UK government. It helps you when you stop working because you are old enough. People who stop working after April 6, 2016, can get this money. The amount you get depends on your National Insurance record. This new system is for everyone and replaces older pension systems.
National Insurance Contributions
To get the new State Pension, you need to pay National Insurance (NI). To get the full amount, you need to pay NI for 35 years. But, to get any pension at all, you need to have at least 10 years of NI payments. These years do not have to be in a row. You can add them up over your whole working life. You can earn these years by working, paying voluntarily, or sometimes by getting benefits like Jobseeker’s Allowance or Child Benefit for a child under 12.
How to Check Your State Pension
You can see if you will get the State Pension and how much by using an online tool from the UK government. It helps you see how much you might get and when you can get it. It also tells you how to get more pension if possible. Checking your forecast helps you plan for your future.
If You Lived or Worked Abroad
If you lived or worked in other countries, you might still get the State Pension. The UK has deals with other countries. This means what you paid in those countries might count for your UK State Pension. It is a good idea to ask the Department for Work and Pensions (DWP) about how this works.
What You Should Do
To get the new State Pension, you need to know about your National Insurance and any work abroad. Keep checking your pension amount. Try to reach the number of years needed. This will help you have money when you are older and stop working.
Tip: Ask a friend or family member to help you use the online tools if you need support.
Frequently Asked Questions
What is the new State Pension?
The new State Pension is a regular payment from the government that you can claim when you reach State Pension age if you are eligible.
Who is eligible for the new State Pension?
You are eligible for the new State Pension if you are a man born on or after 6 April 1951 or a woman born on or after 6 April 1953.
How many National Insurance qualifying years do I need for the full new State Pension?
You need 35 qualifying years of National Insurance contributions or credits to get the full new State Pension.
What is the minimum number of qualifying years needed?
You need at least 10 qualifying years on your National Insurance record to get any new State Pension.
How much is the full new State Pension?
The full new State Pension is £203.85 per week from April 2023. This amount is regularly reviewed and can change.
Can I receive the new State Pension while still working?
Yes, you can receive your new State Pension and continue to work. Your income from work will not affect your State Pension.
What if I have gaps in my National Insurance contributions?
If you have gaps in your record, you may be able to pay voluntary National Insurance contributions to cover these.
How do I check my National Insurance record?
You can check your National Insurance record online through the UK government's website to see if there are any gaps in your contributions.
Can I inherit my spouse's National Insurance contributions?
In some cases, you might be able to inherit your spouse or civil partner’s additional State Pension.
When will I reach State Pension age?
Your State Pension age depends on your date of birth. The UK government provides an online calculator to check your exact State Pension age.
How do I claim the new State Pension?
You will not get your new State Pension automatically. You have to claim it when you reach State Pension age by applying online, through the phone, or by post.
What happens if I have lived or worked abroad?
If you have lived or worked in another country, this may affect your State Pension. You may be eligible for pension credits or payments from other countries.
Can the new State Pension be deferred?
Yes, you can defer your new State Pension. If you defer, you could receive a higher weekly amount when you do claim it.
Do personal or workplace pensions affect the State Pension?
No, receiving a personal or workplace pension does not affect your entitlement to the State Pension.
Where can I find more information about the new State Pension?
You can find more details on the new State Pension on the UK government’s official website or seek guidance from a financial adviser.
What is the new State Pension?
The new State Pension is money you get from the government when you are older. It helps you pay for things when you stop working.
Tools to help you:
- Talk to Someone: Ask a family member or a friend to explain it to you.
- Find Videos: Look for videos online about the State Pension to see it explained in pictures and words.
The new State Pension is money you get from the government. You get it when you are old enough, and if you qualify for it.
Who can get the new State Pension?
You can get the new State Pension if you are a man born on or after 6 April 1951 or a woman born on or after 6 April 1953.
If reading is hard, you can use a helper tool like a text-to-speech app. These tools read out loud for you. You can also ask an adult to help explain the text.
How many years do I need to work to get the full State Pension?
You need to work and pay National Insurance for 35 years to get the full new State Pension.
Tools and Tips:
- Use a calendar to track your work years.
- Ask someone you trust to help you understand National Insurance.
- Visit a government website for more information about pensions.
You need to have paid or been given National Insurance for 35 years to get all of the new State Pension money.
How many years do I need to qualify?
You need at least 10 years of paying National Insurance to get any new State Pension.
What is the full new State Pension amount?
The full new State Pension is the amount of money the government gives you each week when you stop working. This money helps you live when you are older.
If you want to know the exact amount, it is best to check with a trusted source or use a reliable website. You can also ask someone to help you look it up online.
Here are some tools that can help:
- Ask a family member or friend to explain
- Use a calculator to work out amounts
- Visit a website that explains pensions in simple words
The full State Pension is £203.85 each week from April 2023. This amount is checked often and might change.
Can I get the new State Pension if I am still working?
Yes, you can get your new State Pension and keep working. The money you earn from your job will not change your State Pension.
What if I have gaps in my National Insurance contributions?
If you missed some payments for National Insurance, don't worry. Here is what you can do:
- Check your National Insurance record. It shows if you missed any payments.
- You can pay for the missing time. This is called filling the gap. It helps you get full benefits.
- Talk to someone who can help. You can call a special phone line to ask questions.
It is a good idea to get help:
- Ask a friend or family member to read with you.
- Use a calculator to see how much you need to pay.
- You can use the government website to find more information.
If there are missing parts in your National Insurance record, you might be able to pay extra money to fix these gaps.
How can I see my National Insurance record?
Your National Insurance record shows how much you have paid in. It is important because it helps decide your benefits, like your pension when you are older.
To check it, you can use the Internet. Here is how:
- Go to this website.
- Sign in if you have an account. If you do not have one, you can make an account. You may need to use your email address and some personal details.
If you find this hard, ask a friend, family member, or someone you trust to help you.
You can look at your National Insurance record on the UK government’s website. This helps you see if you have missed any payments.
Can I use my husband or wife's National Insurance payments when they die?
Sometimes, when a husband, wife, or civil partner dies, you might get more money from their State Pension.
When can I get my State Pension?
Your State Pension age is the age when you can start getting your State Pension money. This age depends on when you were born. The UK government has a website where you can check the age you can start getting your State Pension. You just need to enter your date of birth.
How do I get the new State Pension?
If you want to get the new State Pension, you need to do a few things:
- Check if you can get the State Pension. You need to be a certain age.
- Make sure you have paid National Insurance. This is like putting money away for your future.
- Contact the Pension Service. They can help you start getting your pension money.
Here are some helpful tips:
- Ask a friend or family to help you with forms. They can make it easier.
- Use the phone to call the Pension Service. They can answer your questions.
- Visit a local advice center. They can give you more information and help.
Remember, if you need help, it's okay to ask!
You do not get your new State Pension automatically. You have to ask for it when you reach State Pension age. You can apply online, call on the phone, or send a letter by post.
What if I lived or worked in another country?
If you have lived or worked in a different country, this could change your State Pension. You might get extra pension money or credits from those countries.
Can You Delay Getting the New State Pension?
Yes, you can wait to get your new State Pension. If you wait, you might get more money each week when you start to receive it.
Do Personal or Work Pensions Change Your State Pension?
If you have a personal pension or a work pension, it does not change the amount of money you get from your State Pension. The State Pension is a separate payment from the government.
If you find it hard to understand, try using a ruler or your finger to help follow the words as you read. Also, you can ask someone to read it with you.
No, getting a personal or workplace pension does not change your right to get the State Pension.
Where can I learn more about the new State Pension?
Would you like to know about the new State Pension?
You can:
- Look on the Gov UK website for details.
- Talk to an adult you trust to help you find information.
- Ask a teacher or helper for support.
- Visit a library and ask for help with finding books.
You can find more information about the new State Pension on the UK government’s website. You can also ask a financial adviser for help.
What is the new State Pension?
The new State Pension is money you get from the government when you are older. It helps you pay for things when you stop working.
Tools to help you:
- Talk to Someone: Ask a family member or a friend to explain it to you.
- Find Videos: Look for videos online about the State Pension to see it explained in pictures and words.
The new State Pension is money you get from the government. You get it when you are old enough, and if you qualify for it.
Who can get the new State Pension?
You can get the new State Pension if you are a man born on or after 6 April 1951 or a woman born on or after 6 April 1953.
If reading is hard, you can use a helper tool like a text-to-speech app. These tools read out loud for you. You can also ask an adult to help explain the text.
How many years do I need to work to get the full State Pension?
You need to work and pay National Insurance for 35 years to get the full new State Pension.
Tools and Tips:
- Use a calendar to track your work years.
- Ask someone you trust to help you understand National Insurance.
- Visit a government website for more information about pensions.
You need to have paid or been given National Insurance for 35 years to get all of the new State Pension money.
How many years do I need to qualify?
You need at least 10 years of paying National Insurance to get any new State Pension.
What is the full new State Pension amount?
The full new State Pension is the amount of money the government gives you each week when you stop working. This money helps you live when you are older.
If you want to know the exact amount, it is best to check with a trusted source or use a reliable website. You can also ask someone to help you look it up online.
Here are some tools that can help:
- Ask a family member or friend to explain
- Use a calculator to work out amounts
- Visit a website that explains pensions in simple words
The full State Pension is £203.85 each week from April 2023. This amount is checked often and might change.
Can I get the new State Pension if I am still working?
Yes, you can get your new State Pension and keep working. The money you earn from your job will not change your State Pension.
What if I have gaps in my National Insurance contributions?
If you missed some payments for National Insurance, don't worry. Here is what you can do:
- Check your National Insurance record. It shows if you missed any payments.
- You can pay for the missing time. This is called filling the gap. It helps you get full benefits.
- Talk to someone who can help. You can call a special phone line to ask questions.
It is a good idea to get help:
- Ask a friend or family member to read with you.
- Use a calculator to see how much you need to pay.
- You can use the government website to find more information.
If there are missing parts in your National Insurance record, you might be able to pay extra money to fix these gaps.
How can I see my National Insurance record?
Your National Insurance record shows how much you have paid in. It is important because it helps decide your benefits, like your pension when you are older.
To check it, you can use the Internet. Here is how:
- Go to this website.
- Sign in if you have an account. If you do not have one, you can make an account. You may need to use your email address and some personal details.
If you find this hard, ask a friend, family member, or someone you trust to help you.
You can look at your National Insurance record on the UK government’s website. This helps you see if you have missed any payments.
Can I use my husband or wife's National Insurance payments when they die?
Sometimes, when a husband, wife, or civil partner dies, you might get more money from their State Pension.
When can I get my State Pension?
Your State Pension age is the age when you can start getting your State Pension money. This age depends on when you were born. The UK government has a website where you can check the age you can start getting your State Pension. You just need to enter your date of birth.
How do I get the new State Pension?
If you want to get the new State Pension, you need to do a few things:
- Check if you can get the State Pension. You need to be a certain age.
- Make sure you have paid National Insurance. This is like putting money away for your future.
- Contact the Pension Service. They can help you start getting your pension money.
Here are some helpful tips:
- Ask a friend or family to help you with forms. They can make it easier.
- Use the phone to call the Pension Service. They can answer your questions.
- Visit a local advice center. They can give you more information and help.
Remember, if you need help, it's okay to ask!
You do not get your new State Pension automatically. You have to ask for it when you reach State Pension age. You can apply online, call on the phone, or send a letter by post.
What if I lived or worked in another country?
If you have lived or worked in a different country, this could change your State Pension. You might get extra pension money or credits from those countries.
Can You Delay Getting the New State Pension?
Yes, you can wait to get your new State Pension. If you wait, you might get more money each week when you start to receive it.
Do Personal or Work Pensions Change Your State Pension?
If you have a personal pension or a work pension, it does not change the amount of money you get from your State Pension. The State Pension is a separate payment from the government.
If you find it hard to understand, try using a ruler or your finger to help follow the words as you read. Also, you can ask someone to read it with you.
No, getting a personal or workplace pension does not change your right to get the State Pension.
Where can I learn more about the new State Pension?
Would you like to know about the new State Pension?
You can:
- Look on the Gov UK website for details.
- Talk to an adult you trust to help you find information.
- Ask a teacher or helper for support.
- Visit a library and ask for help with finding books.
You can find more information about the new State Pension on the UK government’s website. You can also ask a financial adviser for help.
Useful Links
More Videos of Interestdiagnosis
Have you found an error, or do you have a link or some information you would like to share? Please let us know using the form below.
- Ergsy carfully checks the information in the videos we provide here.
- Videos shown by Youtube after a video has completed, have NOT been reviewed by ERGSY.
- To view, click the arrow in centre of video.
- Most of the videos you find here will have subtitles and/or closed captions available.
- You may need to turn these on, and choose your preferred language.
- Go to the video you'd like to watch.
- If closed captions (CC) are available, settings will be visible on the bottom right of the video player.
- To turn on Captions, click settings .
- To turn off Captions, click settings again.