The State Pension provides a basic level of income later in life. The maximum amount you’ll currently receive is £175.20 per week (£9,110.40 per year). Not everyone will be able to claim it as there are requirements based on the amount of National Insurance Contributions you’ve paid.
Currently, you can claim your State Pension when you are 66 although it is due to increase to 67 by 2028 and is being raised to 68 between 2037 and 2039.
How much you’ll receive is dependent on the National Insurance contributions you’ve made during your working life. These are called qualifying years. To find out how many years you’ve built up in your working life so far, you can use the government tool to check your National Insurance Contribution history.
There are different criteria that you can meet to make a year count towards your State Pension:
You’ll need to have 10 qualifying years to receive the bare minimum (Currently, around £50 a week) and 35 qualifying years to receive the £175.20 per week maximum amount.
To find out how many years you’ve built up in your working life so far, visit the State Pension calculator at gov.uk to check your records. This tool will also tell you when you can claim, and you can also find information on how you could potentially gain some qualifying years to help boost your State Pension income.