State Pension

xylophone

Yes I have checked and it is the standard amount of £168.60, plus for some reason that I cannot remember, an extra £9.20 per week. 

At 6/4/16, two calculations were done - if you were never contacted out, this would be the calculation:

Old rules

(NI years/30 x  Basic State pension of £119.30) +  SERPS/S2P 

New Rules

NI years/35 x  New State Pension of £155.65.

Your "starting amount" was the higher of the two.

You are entitled to a full NSP plus a "protected payment" of £9.20 a week.

The NSP increases annually under the "triple lock" and the PP by CPI.

https://www.gov.uk/new-state-pension/how-its-calculated

melbury

Thank you. 
It does say the £9.20 is a "protected payment" but I didn't have a clue what it related to, so would it be SERPS/S2P or something else?

xylophone

It does say the £9.20 is a "protected payment" but I didn't have a clue what it related to, so would it be SERPS/S2P or something else?

See link in post above. The PP arises from the SERPS/S2P that is not being accounted for in the amount up to full NSP.

melbury

Thank you for the information. 
I had no idea that I was in SERPS and just couldn't understand what the protected payment related to.