The State Pension
Women and the State Pension
Over the last few years, a number of significant changes have been made to the State Pension entitlement for women.
State Pension age
The State Pension age is no longer 60 for women. It's changing to 65 for women between 2010 and 2018 and is then increasing in stages, alongside men, until it has reached 68. It's important to check when you are due to reach your State Pension age as this may change in the future.
Click here to find out more information visit our ‘know your State Pension age’ section.
New State Pension
If you enter the National Insurance system on or after 6 April 2016 you currently need 35 years' worth of contributions in order to get the maximum pension. For everyone else, transitional rules apply. Some people may not have the required amount of National Insurance contributions or credits due to taking career breaks and/or taking care of dependants. It's therefore important to check how much State Pension you are eligible to receive.
Paying voluntary national insurance contributions
If you find that your National Insurance history is not enough to give you a full State Pension, you may be able to pay voluntary contributions to increase your entitlement.
Alternatively, if you have a few gaps in your National Insurance record in the past six tax years, the HMRC will allow you to go back and make up the difference.
Click here for more information on voluntary NI contributions section.
State Pension reform
There were a number of changes that were introduced to the State Pension in April 2016. This could affect the benefit that you may receive in the future.
To find out more about change to the State Pension, please click here and read our dedicated pages on pension reforms.
You’re born after 5 April 1953
You have until 5 April 2023 to pay voluntary contributions to make up for gaps between April 2006 and April 2016.
You can pay these contributions at different rates if you pay by 5 April 2019.
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.