The UK State Pension and how much is it since the changes in April 2016 is quite a confusing issue. In this video we will cover what is the State Pension or Old Age Pension and how it’s calculated and also give you some examples of what you are likely to get based on a range from the minimum right through to the maximum. You will also find some links below to the Gov.Uk website which I reference in the video.
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Don't forget to check the links out to the Gov.UK website to get a personalised calculation for yourself.
£6136 per year? how can one live with that money?
I'm taking early retirement I've turned 63 I've the full 35 years of natural insurance paid do I still receive my state pension in February 2025 although I woundnt have worked for the last 3 years
Dad was dead at 62 whats the point
England Tory politically Thomas. They win 2024 UK general election. Would England vote in referendum to change UK voting system to full P.R STV voting system for UK general elections. Liberal Democrats politically do that in Britain. Awesome.
How much state will a person receive at pension age? That's easy o answer, the longer you work the lower the pension. Fact. Simples.
all my money will be hidden and no dirty hands of the goverment will touch it
Or if you spend your life taking out of the system and avoiding work , living off handouts supplied by those wh have worked ,, the government will just keep giving you more handouts till you die . Where is the incentive to work , at the moment there is 1.7 million unemployed and something like 1.2 million job vacancies , you dont need to be a genius to work it all out . Only fools work in this country , and Im one of them , forty years of being a fool .
But I still have my self esteem , what price pride.
That's real dog money…
I am a 75 year old English Buddhist monk living in Thailand. I have received no increase in my pension over the last 10 years because Thailand is not included in the countries where pension increases are given. Will this be different with the pension rate rises being offered in 2022?
HI, ALL, YOU'RE GETTING NOTHING FOR THE FIRST 2, YEARS THE GOVERNMENT WITH HOLD YOU'RE PENSION PAYMENT SO RET, 66 AND DWP WILL GIVE YOU NOT ONE PENNEY THEY HAVE NO MONEY SO BE INFORM NOW THIS CHECK NOW, ??
This country is so unjust i have 9 years of working untill i am 67 but looks like i may have to work until i am 90.i have worked since i was 16.would like to see a tory like on state pension
Why is it they don’t count the years age 16 to 19
The UK pension is complete joke. Its already one of the worst pensions there is.
Seems to me in the UK you work till you drop dead.
Our politicians are vile.
Thanks very informative,.Now subcribed, enjoyed both the car and the pension videos I have watched so far.
Today I hear that the government has rejected calls to cut state pension age. Because they just don't give a fuck.the government is saying that it can't afford do that .and that it would cost the tax payers millions. What about the MP's expanses that are unfair .and many times they were caught lying and cheating to claim expanses they shouldn't.
Why doesn't the government cut the millions they pay cheating and lying MP's. These guys seem to claim for everything even the fuel fuel for their expansive cars to go and back from work .while ordinary people have to pay for their transport to work and everything else that MP's take for granted.from their own wages.
Hi & thanks for this.
This is by far the clearest, most detailed & easiest way of a UK state pension explained.
I thank you Sir & I will now subscribe & share.
Have a great day.
do you get housing / council tax benefit or do you have to pay it all with your pension
I am getting private pension £5000 per month who cares about state pension
Hi there, what about if you’ve worked abroad for the most of your adult life
Are you saying that's the maximum you can get even if you have say 45 years in contributions???
Thank you, very meaningful and useful advice.
ME AND THE WIFE WORKED OUT ONE FULL STATE PENSION SHOULD COVER ALL THE HAVE TO PAY BILLS IN ONE YEAR FOOD GAS ELECTRIC WATER TV LICENCE INTERNET TELEPHONE SO ON IF ONE OF US PASSES THEN IT WILL BE TIGHT SO GET YOURSELF SO DOSH SAVED UP AT LEAST TENS YEARS BEFORE YOU RETIRE AT 67
Hello, is the Class 3 contributions by means of direct debit you pay for your short falls or is that the payment for the future years ahead if you are obviously unemployed and stay home for no particular reasons?? your help would be very much appreciated.
My pension is£137.56 with full qualified years lowest in Europe and just shit
STOP relying on the state to look after you. Shit healthcare system, shit school system, shit pension etc, basically everything the state is involved in is average, save your own money, invest, buy real estate and watch it grow, set up a ltd company, instead of moaning about it get out there and make it happen for yourselves. No way will I be relying on the state to educate my children, give my family decent healthcare or provide for me in old age. Too many wasters out there thinking they won't get old and blowing their money consuming stuff they don't need to impress other people. Sad!
I have 24 years in a defined benefit (i.e final salary pension). Now they have moved be to defined contribution. When can i touch the final salary pension at age 65 or before? Does 25% lump sum only apply to defined benefit or defined contribution pension?
What about those who have never worked in UK and live abroad but are British citizens ?
WHICHEVER WAY YOU LOOK AT IT THE GOVERNMENT HAS YOU BY THE BALLS, THE RICH AND THE GOVERNMENT DO NOT SUFFER
Thank you for your video