State pension payments can only be received when a person reaches their state pension age. This age will depend on a person’s gender and date of birth but from October, it will be 66 for everyone regardless of when they were born.
The government has plans to increase the state pension age to 68 in the coming years and generally it has been increasing state pension age in increments.
Today, the last incremental change occurs before the blanket change comes into effect in October.
From today, anyone born between September 6 1954 and October 5 1954 will have reached their state pension age.
From October, anyone born between October 6 1954 and April 5 1960 will reach their state pension age on their 66th birthday.
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Additionally, a state pension can also be claimed over the phone or by completing a claim form.
Claimants will only be eligible for state pension if they have collated at least 10 years of National Insurance contributions.
To receive the full state pension, at least 35 years of contributions will be needed.
Currently, the full state pension is £175.20 per week but this in itself can be increased further.
On top of this, state pensions are currently guaranteed to increase every year under triple lock rules.
This means that state pensions will increase in line with the highest of:
- 2.5 percent
- Averaged earnings