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State Pension

Forecasting your State Pension

It's important to check how much pension you'll receive on retirement, which means you can take action now if you think you won't have enough to live on when you retire. You can do this by obtaining a state pension forecast of what your State Pension or other pensions will pay.

 

2011/2012 Weekly Annual
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Single Person £102.15 £5,311.80
Dependant's Addition £61.20 £3,182.40
Total Married Pension £163.35 £8,494.20
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Pension Credit - Standard Minimum Guarantee
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Single Person £137.35 £7,142.20
Married Person £209.70 £10,904.40

 

Gaps in your National Insurance Record

You get a State Pension if you've paid enough National Insurance Contributions (NICs) during your working life. If there are gaps in your NICs record, your entitlement to the State Pension may be affected. You might want to consider filling in the gaps by paying extra contributions.

If you are worried your state pension won't be enough to keep you in your retirement talk to one of the independent pension advice team from one our partner firms today about your pension and retirement planning.



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