State pension

Updating author: Ian Holloway

Brightmine editor: Zuraida Curtis

Summary

• The state pension age is in the process of increasing. (See Future developments)
• There are three pension populations. (See State retirement pensions - overview)
• The single-tier state pension effectively replaced the basic state pension and the state second pension (S2P). (See Single-tier pension)
• To qualify for a state pension, individuals must have paid or been credited with a certain level of national insurance contributions. (See Single-tier pension and Basic state pension)
• There is normally a "triple lock" attached to the rate of the state pension. (See Single-tier pension and Basic state pension)
• Individuals can enhance the amount of their state pension by delaying when they receive it. (See State pension deferral)