Changes to the State Pension from 6 April 2010
The State Pension is changing from April 2010. This means more people will qualify for a full basic State Pension. Find out about the most important changes and what they will mean for you.
Qualifying for a State Pension
From April 2010, the way you qualify for a State Pension is changing:
- it will be easier for parents and carers to build up qualifying years of National Insurance and get a State Pension
- to get a full basic State Pension, you will only need 30 qualifying years of National Insurance contributions
(At the moment, men normally need 44 years and women 39 years.)
- once you have built up a single qualifying year of National Insurance you will qualify for at least some basic State Pension
If you’re over 55, or if you care for someone, you should find out how the changes may affect you. You should also find out if you need to take action now.
Source: http://www.direct.gov.uk/en/Pensionsandretirementplanning/StatePension/DG_069498
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Uncategorized | John, 26 Jan 10