State Pension Benefits
What does the state provide?
Currently there are two state pensions that are credited in respect of National Insurance contributions paid from employer and employee. These are:
The Basic State Pension
Some still refer to this as the Old Age Pension. It is dependent on the National Insurance contribution record over an individuals working life.
If you are not sure whether you will receive this pension, you should complete a State Pension Forecast request and you will be provided with a quotation. The current basic state pension for a single person with fully qualifying years is £110.15 per week(2013/14)
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