State pension 70p per week short

Penllys

According to DWP I have full pension contributions but my weekly payment is 70p short, every week, but they cannot tell me why.
My husband's is 90p short ... again, anyone know why?

mebu60

I would suggest posting the actual amounts received and the dates your respective pensions started might help someone offer some possible insight (or ask for further information). 

Sarahspangles

You might have not quite reached the full New State Pension (NSP) level when you reached State Pension Age (SPA). Before the introduction of NSP in 2016, people either retired with some proportion of Basic State Pension (which was lower than NSP) or achieved a higher rate with additional contributions through SERPS or S2P. People who made NI contributions or gained credits after that point could further build on their existing baseline up to NSP.

There might be scope for you to buy an incomplete year or two to make up to the NSP level but you’d have to calculate if it’s worth it. To do that you’d need to access your contributions record and see what that says. If you post when you reached SPA the routes will be explained.

Marcon

Penllys said:

According to DWP I have full pension contributions but my weekly payment is 70p short, every week, but they cannot tell me why.
My husband's is 90p short ... again, anyone know why?

70p and 90p short of what - the famous new state pension? Very few people are actually getting the exact rate of NSP, because everyone who has reached state pension age since April 2016 is under 'transitional' arrangements.

 If you had periods of 'contracted out' pension scheme membership and/or incomplete NI years somewhere along the way, that could explain it.

molerat

Anyone with a full contracted out history such as those working their whole life in the NHS, local government or civil service would likely need the full 9 post 2016 years to get the full new pension as they would have little additional pension to boost their 2016 starting amount beyond the basic old pension amount.

Penllys

So, according to DWP we have both paid full contributions, we are both post 2016 and short of the stated full pension amount of £221.20, but thanks for your help

LHW99

Penllys said:

So, according to DWP we have both paid full contributions, we are both post 2016 and short of the stated full pension amount of £221.20, but thanks for your help

When you (and possibly the helpline) say "full contributions", you are not talking about the oft reported (in the media) 35 years are you?

Because of the 2016 change, people on here have needed somewhere between (I think) 25 and 50 years of contributions to get to the full NSP.