State Pensions

The government’s primary state pension is a regular payment to a person eligible to reach the state pension age.

The primary state pension base on the year an individual receives a federal insurance loan, such as paying national insurance or being unemployed, or receiving certain benefits.

The National Insurance Assistance must be paid or credited to an individual to obtain necessary insurance.

In 2016, the state pension was reformed into a single-level new state pension. To avail the full amount, the person needs 35 years instead of the last 30 years NIC, or the total amount required credit, 35 years with pro-rating not received. You usually need ten qualifying years to get any state pension. The amount an individual receives is more or less dependent on their national insurance record. It will be higher if you have some extra state pension.

Currently, an individual also receives an additional state pension. How much an individual earns depends on the number of years NIC qualifies, the amount earned, and whether the individual has contracted from the scheme.

Weekly Basic State Pension2020/21 (£)2019/20 (£)
Basic - single person134.25129.20
New State Pension175.20