Published On: Wed, Sep 2nd, 2020

State pension: How to check on your state pension age ahead of this week’s increase | Personal Finance | Finance

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State pension payments can only be paid out to people who have reached state pension age and have accrued at least 10 years of National Insurance contributions. As it stands, the state pension age is 65 for many people but it is being increased incrementally to 66, with the next update occurring this week.

On September 6 2020, anyone born between September 6, 1954, and October 5, 1954, will reach their state pension age.

Beyond this, everyone will reach their state pension age on their 66th birthday from October 2020.

The government has plans to increase the state pension age to 68 in the coming years.

With all these planned changes, it may be difficult for some retirees to know exactly when they can claim their state pension.

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Anyone who has at least 10 years of National Insurance contributions will qualify for state pension payments but those with at least 35 years of contributions will receive the full amount.

The full state pension will pay out £175.20 per week.

It should be noted that while this is referred to as the “full” state pension, it is possible to increase the payments further if certain actions are taken.

People are under no obligation to claim their state pension if they wish to keep working and if they don’t claim it, their state pension will automatically be deferred.

The government details that the quickest way to claim a state pension is to apply online.

Additionally, people can claim their state pension by:

  • Applying over the phone
  • Downloading the state pension claim form and sending it to a local pension centre

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