State pension

Pipcas

What is the current age for both state pension?  M & f?     I cashed in a small private pension years ago so will I still be entitled to state pension?.  We live in LA housing, would we get housing benefit extra?.        Forgive my ignorance in this matter.   Tia

JoeCrystal

State Pension age is currently 66 years old for both men and women. 

Check your state pension forecast https://www.gov.uk/check-state-pension

Perhaps do some research on the issues you are looking at as well.

tacpot12

To get Housing Benefit, you need to be claiming Pension Credit. Details of Pension Credit including a link to a calculator that will help you figure out whether you qualify for Pension Credit are available here: Pension Credit: Overview - GOV.UK (www.gov.uk) 

You wil need to know how State Pension much each of you will be entitled to, and whether you have any other pension income, to use the calculator.

Don't worry about being ignorant. You are doing the right thing in asking questions as soon as you realise that you don't know what will happen. 

Linton

Pipcas said:

What is the current age for both state pension?  M & f?     I cashed in a small private pension years ago so will I still be entitled to state pension?.  We live in LA housing, would we get housing benefit extra?.        Forgive my ignorance in this matter.   Tia

What you do with your employers' and private pensions does not affect State Pension.  SP is entirely dependent on your age and  the details of your NI record.

Pipcas

Linton said:

Pipcas said:

What is the current age for both state pension?  M & f?     I cashed in a small private pension years ago so will I still be entitled to state pension?.  We live in LA housing, would we get housing benefit extra?.        Forgive my ignorance in this matter.   Tia

What you do with your employers' and private pensions does not affect State Pension.  SP is entirely dependent on your age and  the details of your NI record.

I've paid NI for about 40 years

Dazed_and_C0nfused

Pipcas said:

Linton said:

Pipcas said:

What is the current age for both state pension?  M & f?     I cashed in a small private pension years ago so will I still be entitled to state pension?.  We live in LA housing, would we get housing benefit extra?.        Forgive my ignorance in this matter.   Tia

What you do with your employers' and private pensions does not affect State Pension.  SP is entirely dependent on your age and  the details of your NI record.

I've paid NI for about 40 years

So you may well have accrued the standard new State Pension.  Or even have a protected element above the standard amount (£221.20/week).

But why not check your forecast and find out the facts?

molerat

Pipcas said:

I've paid NI for about 40 years

Which on its own for us with a pre 2016 history is pretty meaningless, it just means you will get something.  Depending on your personal circumstances you could need anywhere between 28 and 50 years to get a full new pension, I have 42 and don't get the full amount.  The only way to be certain is to get a pension forecast.  That is something that needs to be done with some urgency as a cut off date for purchasing some years of additional contributions if you wish to take that option, 5 April 2025, is fast approaching

Pipcas

molerat said:

Pipcas said:

I've paid NI for about 40 years

Which on its own for us with a pre 2016 history is pretty meaningless, it just means you will get something.  Depending on your personal circumstances you could need anywhere between 28 and 50 years to get a full new pension, I have 42 and don't get the full amount.  The only way to be certain is to get a pension forecast.  That is something that needs to be done with some urgency as a cut off date for purchasing some years of additional contributions if you wish to take that option, 5 April 2025, is fast approaching

I have no means of purchasing years of additional contributions, what is your amount for 42 years?

molerat

Pipcas said:

I have no means of purchasing years of additional contributions, what is your amount for 42 years?

What I get for 42 year is irrelevant as it will be completely different to what you would get.  With 40 years you could be entitled to more than me, you could be entitled to the full new pension, it is completely down to personal circumstances.  That is why it is important to get your own individual pension forecast.  Once you have that you can work out the way forward.  If your pension amount is low it could well be foolish to even consider topping up as relying on state benefit provision could make you better off.

badmemory

Pipcas said:

molerat said:

Pipcas said:

I've paid NI for about 40 years

Which on its own for us with a pre 2016 history is pretty meaningless, it just means you will get something.  Depending on your personal circumstances you could need anywhere between 28 and 50 years to get a full new pension, I have 42 and don't get the full amount.  The only way to be certain is to get a pension forecast.  That is something that needs to be done with some urgency as a cut off date for purchasing some years of additional contributions if you wish to take that option, 5 April 2025, is fast approaching

I have no means of purchasing years of additional contributions, what is your amount for 42 years?

To be honest that is totally irrelevant for you.  Most people (not all) with 42 years will have a full pension.  The only thing that matters is the state of your contributions.  Please check it out.  You may not be able to pay for more years, if you should need them, but there are other ways of getting credits.

VXman

Open a government gateway account online and you can view your pension including a estimate of what you will get, when you can retire and a record of all your NI contributions.

https://www.gov.uk/check-state-pension