
STATE pension eligibility is dependent on a person's National Insurance record, with a minimum of 10 years of contributions needed to receive anything in retirement. A minimum of 35 years will be needed for the full amount but even where a person hits this benchmark with time to spare, tax costs will still need to be addressed.
State pension: Savers will need to pay NI even when they hit 35 years - check your record
Reviewed by Finance News
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