State pension: How can I get state pension if I’ve by no means paid into one? | Personal Finance | Finance


Any man born after April 6, 1951 and any lady born after April 6, 1953 is routinely eligible for the brand new state pension if they’ve accrued not less than ten ‘qualifying years’ of nationwide insurance coverage contributions.

The exception to this rule is in case you are married or in a civil partnership, in which you’ll be able to qualify for state pension primarily based in your accomplice’s nationwide insurance coverage document.

Saving right into a office pension or one other sort of personal pension doesn’t have an effect on how a lot State Pension most individuals obtain from the Government.

The Department of Work and Pensions solely takes into consideration your NI contributions and doesn’t make an evaluation of how a lot you want from different earnings sources except you will have low earnings.



Source link

more recommended stories