When will I receive my state pension? Age at which you can start claiming your government pension fund


If you are contributing to a retirement fund or are approaching the time when you would like to finish working, you may be wondering when you will be able to collect the state pension.

This pot is what is accumulated while you work and pay tax receipts to HMRC, but how much you get depends on how much you contributed.

Not all those who receive their state pension decide to retire, some not being able to give up their full-time job.

Read more: DWP announces change in state pension rules to stop massive 8% increase in 2022

Maybe it’s you. So, you will probably want to know when you will receive state pension and how much you can expect to receive. Here is what we know.

When will I receive my state pension?

The government has announced changes to the state’s retirement age, which means some will start receiving their kitty later than others.

For those of you who are due to receive your state pension, both men and women will start receiving their money from the age of 66.

But for those born after April 5, 1960, there will be a change in age, increasing by one year to 67 years old first before rising again to 68 years old.

If you would like to recheck the age at which you will receive your state pension, you can check using government site .

How much will I receive from my state pension?

The full state pension for the 2021/22 fiscal year is £ 179.60 per week. This means that you will earn £ 9,339.20 in a year.

But not everyone gets that amount. It all depends on how much you have made in national insurance contributions.

Usually, you will need to have contributed to national insurance for at least 10 years before receiving a state pension.

To get the full amount, you must have contributed to national insurance for at least 35 years.

Sometimes you may receive more than usual when applying for state pension, but it depends on your situation in the old system.

The state pension generally increases each year according to the “triple lock”. But this system was suspended for a year due to the coronavirus pandemic.

Instead, a “double lock” will apply – lifting the monthly state pension allowance from inflation or 2.5%.

What if i can’t work? Will I still receive my state pension?

If you are unemployed, a caregiver, have an illness, health problem or disability and cannot work, you may be able to apply for national insurance credits.

These will help you pay your state pension contributions and should help increase the amount to which you are entitled when the time comes.

National insurance credits can be applied automatically if you’re eligible, but it’s best to check if they haven’t been.


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