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The basic State Pension is a government administered pension. It is based on the number of qualifying years gained through National Insurance contributions you've paid, are treated as having paid or have been credited with throughout your working life.
Do you qualify for State Pension ?If you are entitled, you can get the basic State Pension when you reach State Pension age. This is 65 for men and 60 for women born on or before 5 April 1950. The State Pension age for women born on or after 6 April 1950 is rising from 60 to 65 between 2010 and 2020. It will increase for both men and women from age 65 to 68 between 2024 and 2046. You qualify by building up enough qualifying years before State Pension age. What are qualifying years?A qualifying year is a tax year where you have sufficient income to pay National Insurance Contributions , or are treated as having paid or being credited with National Insurance Contributions. In 2007-2008, you need to have £4,524 or more of such earnings if you are an employee or £4,635 or more if you are self-employed. How many qualifying years do you need?The number of qualifying years you normally need for a full basic State Pension is equal to about 90 per cent of your working life. This is calculated from the start of the tax year in which you reach 16 until the end of the tax year preceding the year in which you reach State Pension age. Currently men normally need 44, and women normally need 39 qualifying years to get the full State Pension. However, if you reach State Pension age on or after 6 April 2010, you will need 30 qualifying years for a full Basic State Pension.
To find out more about the State Pension, you can download the leaflet 'State pensions – your guide' from The Pension Service website. Click below....
This site is part of the 'Pensionage group' which also incorporates 'Age60Plus' Disclaimer : Although we make every effort to ensure everything is correct on this website prior to publishing, we have no guarantees that the information given on this site is 100% accurate but we do ensure that the information that we do use is correct at the time of publishing. Any information should be treated as guidance only. Your rights are not affected. | ||||||||||||||||||||||||
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Call 0845 300 1084 to make a claim
