State pension: Payments will increase in less than a week – by how much?

State pension payments are dependent on a person’s national insurance record. The amount received will vary from person to person but a minimum of 10 years of contributions will be needed for any amount.


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Thirty-five years will guarantee the “full” state pension of £168.60 per week.

The state pension is paid once every four weeks and the full amount provides just under £9,000 a year.

Once claimed, the first state pension payment should arrive within five weeks of reaching state pension age.

The following payment days will vary depending on a number of factors, but the government will provide guidance where needed.

Regardless of what pensioners currently receive, all state pensions will see an increase from 6 April.

Under the triple lock system, the state pension must rise each year by the higher of 2.5 percent, the rate of inflation or average earnings growth.

Average earnings produced the highest figure for the last assessment period at 3.9 percent.

All state pension payments will rise by 3.9 percent from next week, the highest rise in some time.

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This means that the full amount of £168.60 per week will increase to £175.20.

On a yearly basis, this is a monetary increase of over £300 pounds.

As mentioned, the amounts people receive will be unique to them but it is possible to check on what will be paid in advance.

The government will allow people to get a state pension forecast in advance of retirement.


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The service, available on the government’s website, will provide information on the following:

  • how much State Pension could be received
  • when the user will be able to claim it
  • how to increase the amount if possible

Increasing state pension payments will likely require deferment. Deferring state pension could increase payments when the person decides to claim it, although these extra payments could be taxed.

If deferment is chosen, state pension will increase for every week deferred so long as it’s done for a minimum of nine weeks.

The state pension will increase by the equivalent of one percent for every nine weeks deferred. This will amount to just under 5.8 percent for every 52 weeks.

The extra amounts will be paid with the regular state pension payments when it’s eventually claimed.

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