There will be changes next year to the State Pension. On 6 April 2016 the new State Pension will be introduced. It will replace the current scheme and will affect those who haven’t yet reached State Pension age. If you already receive your State Pension the change won’t affect you.
National Insurance contribution
State pension will only change for those who reach State Pension age on, or after, 6 April 2016. Existing pensioners or anyone who reaches State Pension age before then will remain on the current scheme.
The changes aim to help people understand, at a younger age, how much State Pension they’ll get so they can plan for their retirement.
For the majority of people who reach State Pension age on, or after, 6 April 2016 their State Pension will be based solely on their National Insurance contribution record.
If you’re aged 55 or over, you can request a State Pension Statement to find out how much you may get.
You can find out more about the change and how to request a statement at the page below:
State pension
Most people will need to have a minimum of 10 qualifying years on their record to receive any new State Pension and 35 years to receive the full weekly amount.
