3 March 2025
For many people, the State pension will be a key building block of their retirement income, so it’s important to understand what you’re on track to receive.
From April, the full State pension will be worth £230.25 a week, or £11,973 a year for 2025/26. (It’s worth remembering that this is still several thousand pounds below the PLSA’s minimum Retirement Living Standard for a single person.)
The amount of State pension you receive will depend on how many qualifying years you have on your National Insurance (NI) record. Everyone’s NI record will be different, so it’s a good idea to check yours and see if you’re on track to receive the full amount. It’s easy to check on the GOV.uk website.
You can also find out how to increase your NI credits. In some cases, you can pay voluntary NI contributions to top up your State pension.
Finally, while the normal retirement age in the Roche Pension Fund is 65, your State pension age will be either 66, 67 or 68, depending on when you were born – so you might need to consider how you’re going to fund that gap in income, or consider working for longer.