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Basic State Pension.

 

 

 
 
 
 

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   Pensions Explained: Basic State Pension.


Basic state pension.
Although an entitlement for most people, the amount received from the basic state pension will depend on the amount of national insurance contributions paid.

Full State Pension Allowance.
For the year 2008/2009, the full pension allowance for a single person who has made sufficient contributions is £90.70, per week.

A married couple’s pension allowance will be about £145.05 per week in total if they are both entitled to the full pension in their own right.

The Pensions Act 1995 introduced a state pension age of 65 for men and women from 2020. This will be introduced over a ten year period from 2010, for women born after 6 April 1955.




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