The State Pension remains a foundation of retirement income for millions across the UK. The government have introduced the “new State Pension” for people who reach State Pension age on or after 6 April 2016. This new system has replaced the old basic State Pension and additional State Pension. Its goal was to make them more transparent.
If you reach State Pension age on or after 6 April 2016, you fall under the new State Pension rules. You need at least ten qualifying years of NI contributions to receive any State Pension, and you will typically need 35 qualifying years to receive the full new State Pension
From April 2025, the UK government will continue to determine State Pension amounts according to policies in place at that time. Although the official weekly figure for 2025/26 will depend on economic factors like inflation, average wage growth, and policy decisions, the triple lock means that the new State Pension is expected to rise in line with either average earnings, inflation, or a minimum rate (2.5%), whichever is highest.
From April 2025, the full rate of the new State Pension will be £230.25 per week, while the old basic State Pension will be £176.45 per week.
For 2025, the State Pension age remains 66 for most people, though those who were born in specific years may face a shift to 67 if their birthday falls within the transition period. It’s wise to check the government website or use the official “Check your State Pension age” tool to see your personal pension age.
The State Pension remains an important building block of retirement security. Although private pensions, savings, and investments can be significant, many retirees rely on the State Pension for a sizeable part of their income. The updates expected in 2025/26 will likely continue the pattern of annual increases, but you should monitor official sources for the precise figures.
Staying aware of potential changes is worthwhile, especially if you intend to retire in the near future. Even though the State Pension is only one part of your income in retirement, it can provide a dependable foundation. If you keep up with announcements and take a proactive approach to your NI record, you’ll be in a better position to ensure your State Pension meets your expectations