State pension amount: How much claimants will get and when

The benefit is available to pensioners after they contribute decades of National Insurance payments while working. The government provides pensioners with a sum of money each week, which assists with the cost of living in later years after finishing work. To be entitled to the full basic State Pension, Britons will need to have worked for a total of 30 qualifying years. 


  • State pension age? You may be able to claim up to £4,635 per year

Currently, the most pensioners can expect to receive is £134.25 per week on the basic State Pension.

However, for those entitled to the new State Pension, claimants may be entitled to up to £175.20 per week.

For the new State Pension, only 10 qualifying years of National Insurance contributions are required.

The State Pension sum has been boosted recently as a result of government policy.

Under the so-called Triple Lock Mechanism devised by the Conservatives, the state pension rises each year by whichever amount is the highest: the rate of inflation, average earnings, or 2.5 percent. 

At the start of the 2020/21 tax year, the State Pension figure rose by 3.9 percent in line with average earnings across the country. 

Currently, the government is operating two State Pension schemes.

For those who reached State Pension age before April 6, 2016, the ‘old’ State Pension is issued.

However, to claim the new State Pension, a person must be born on or after April 6, 1951 if male, and April 5, 1953 if female.

The earliest you can receive the State Pension is when you reach State Pension age.

State Pension age is, though, in the process of being altered by the government.

This means the benefit could be further off for some people who are planning to claim.


  • State pension age? You may be able to claim up to £4,635 per year

The government is moving the standard age to receive the pension to 66, from the previous 65.

While the move is taking place in increments, there are a particular group of people who will be affected first.

Most recently, anyone born between June 6, 1954 and July 5, 1954 will see their state pension age rise immediately from 65 to 66.

The government plans to once again raise the age to 67, before eventually issuing a sweeping move to boost the entitlement age to 68.

State Pension is not usually automatically paid, so it is the responsibility of the eligible person to approach the Department for Work and Pensions (DWP) concerning the benefit.

However, the process is made easier by the government who have put certain steps into place for those approaching pension age.

An online tool allows Britons to check whether they are eligible for the State Pension by entering their gender and date of birth.

And the DWP sends a courteous reminder to the retired person no later than two months before they qualify. 

It is also important to consider your individual circumstances when applying for the benefit from the government.

For those who are struggling financially, or who are disabled, additional monetary support is offered.

And the government also offers advice for those who are looking to increase their State Pension entitlements.

By delaying a claim on the State Pension, retirees may be able to boost the amount they eventually get.

The government also recommends speaking to a trusted and legitimate financial adviser to provide advice for individual situations. 

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