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Glossary · Pensions

State Pension

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Definition: The weekly pension paid by the government from State Pension age, based on your National Insurance record. Full new State Pension is £230.25 a week in 2025/26 (uprated each April).

The full new State Pension requires 35 qualifying years of NI; pro-rata between 10 and 35. State Pension age is 66, rising to 67 between 2026 and 2028. Deferring boosts the weekly amount by 1% for every 9 weeks deferred.

Primary source: gov.uk/new-state-pension

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