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State Pension
Personal
WHAT IS IT?
The State Pension is a regular payment from the UK government for people who meet the relevant eligibility and National Insurance requirements.
IN PLAIN ENGLISH
It is one potential source of retirement income from the state.
SIMPLE EXAMPLE
The amount you may receive depends on your National Insurance record and the rules that apply to you. It is separate from private or workplace pensions.
WHY DOES IT MATTER
Knowing what you may receive can help you understand the gap between State Pension income and the income you want in retirement.
THE ROCKET TEST
The State Pension can provide retirement income if you meet the relevant requirements.
SEE IT IN ACTION
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