state pension confusion ???

slade1961

hello

could some on please guide me through the pension forecast maze in simplistic terms thank you .

received forecast under new rules from 6 april 2016
it said...
my estimate will be £152.19 when i reach pension age 2028. @38 years up to tax year 2014/15

cope amount £29.44 + £152.19 = £181.63.

do i deduct cope amount from £152.19 = £122.75, and is this no my actual pension forecast under new rules ?

or is the figure £152.19 my actual pension forecast?
i also got a figure from gov new verify website

which said my estimate under current law is £156.34 to april 2015
different from original; forecast of £152.19

no mention of my foundation amount or which is my higher amount
or starting amount i just need to know my true estimate . opinions would be gratefully received thank you.

xylophone

https://forums.moneysavingexpert.com/discussion/5367287

See post 296.

See also https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/210299/single-tier-valuation-contracting-out.pdf

SnowMan

I'v answered your question over in the online state pension system thread (useful for others to see an example calculation)

http://forums.moneysavingexpert.com/showpost.php?p=70337233&postcount=305