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Additional State Pension, also known as the State Second Pension or SERPS, is extra money on top of your basic State Pension. Find out how the different additional state pension schemes worked and how they might affect the amount you get in retirement. Additional State Pension elements and deferred State Pensions rise each year with the September CPI figure.
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If you paid into the Additional State Pension before 2016 and would have got more State Pension under the old rules, you'll get a 'protected payment'. The Additional State Pension is an extra amount of money you could get on top of your basic State Pension if you're a man born before 6 April 1951 or a woman born before 6 April 1953. Discover who qualifies for the Additional State Pension, how much you can get, and how it's calculated.
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Understand your entitlements and inheritance rules. The full state pension is £230.25 per week. Find out how much state pension you will get with MoneySavingExpert.
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A guide to the UK State Pension system: Basic, New and Additional State Pensions. Plus, eligibility and starting amount calculations explained. The full rate of the new State Pension will be £221.20 per week (in 2024-25) but what you will get could be more or less.
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at Age UK. Additional State Pension Amount This extra bonus payment has no fixed amount. How much you can get will depend on: Your earnings and how many qualifying years of National Insurance you have.
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Whether you chose to contract out of the scheme. Whether you topped up your basic State Pension (only possible between 12 October 2015 and 5 April 2017). Note: The online State Pension forecast checker.
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The amount of state pension you will get at 66 largely depends on your history of National Insurance contributions. You need to have a minimum of 10 years National Insurance contributions to qualify for any state pension, and 35 years to receive the full state pension, which is £203.85 per week in 2023-24. If you turn 66 in the years that follow, the amount of state pension you'll receive.