State pension: How to get a forecast as payments are set to jump next year - check now

State pension income is guaranteed to increase every year under triple lock rules which raise payments by the highest of 2.5 percent, the rate of inflation or average earnings growth. On the latter, employment figures were released by the ONS yesterday which highlighted how high payments could get next year.

For those who are already getting a state pension or have delayed claiming it,the Pension Service will need to be called for further assistance.

On top of checking on payments, it is also possible to get an exact date for one's state pension age.

A separate tool will also allow users to check on when they'll reach their state pension, pension credit and free bus travel qualifying ages.

This tool simply requires users to identify which benefit they're checking.

To be eligible for a state pension, a person will need at least 10 years of National Insurance contributions under their belt.

To receive the full amount, which is currently £179.60 per week, at least 35 years will be needed.

The quickest way to claim a state pension is through the Government's website.

Additionally, claims can be made over the phone or through the post.

State pension: How to get a forecast as payments are set to jump next year - check now State pension: How to get a forecast as payments are set to jump next year - check now Reviewed by Finance News on 09:35 Rating: 5

No comments:

Trending News

Powered by Blogger.