The State Pension
Get a statement
A new State Pension system comes into effect from 6 April 2016. If your State Pension age is after that date and you get a statement, this will compare the amounts you would have got under the current system, with that due under the new system. You will get the higher of these amounts.
Your State Pension Statement
To get a statement, please click here.
Your State Pension Statement will show you the maximum new State Pension that you could receive, assuming that you obtain the maximum number of National Insurance credits in the years up to your State Pension Age.
The Statement will also show you what State Pension you have already earned based on your National Insurance credits up to now.
If you have ever contracted out of the State Additional Pension, the Statement will also show a Contracted Out Pension Equivalent (COPE), which is the weekly pension amount you may receive from the pension scheme that you used to contract out. That pension scheme will pay your COPE and the government will pay you your new State Pension.
The on-line version of the Statement also gives you an opportunity to see a summary of your National Insurance Contribution history.
Where can I find out more?
If you need more information, please contact us. A pension specialist from our team will be happy to help with whatever pensions-related question you have. Our help is always free.