State pension statements now available to the over 55s

A free Government service to help millions of people better understand their State Pension has been expanded from this month. If you’re aged 55 or over you can find out what pension you can expect to help you plan for the future. Up until recently the scheme was only open to people over the age of 60 and now around 5.5 million people can request a pension statement.
The further roll-out of this service comes ahead of ground-breaking new pension freedoms which come into effect from April.

What can pensions statements do for you?

  • Anyone over the age of 55 can now request a personalised State Pension statement, giving them an estimate of what they are likely to receive based on their current National Insurance (NI) record
  • Pensions statements also provide helpful information explaining how this position may change with further NI contributions or credits
  • Extending the service will give people the information they need to understand the new pension freedom rules and plan for their future.
  • You can see how it has helped people like 58-year-old Stuart, here

How can I get a statement?

  • Call 0345 300 0168 (textphone: 0845 300 0169) if you live in the UK; or +44 191 2183600 if you live outside the UK
  • Statements can also be obtained by downloading the application form here 
  • Alternatively, write to The Pension Service 9, Mail Handling Site A, Wolverhampton, WV98 1LU.

Facts you need to know

The new State Pension comes into effect in April 2016 and will be easier to understand, meaning people will be able to know from a much younger age how much they’re likely to get.

  • Find out everything you need to know about the new State Pension here

Who can get the new State Pension?

To get the new State Pension you must:

  • Have been born on or after 6 April 1951 if you are a man
  • Have been born on or after 6 April 1953 if you are a woman
  • Usually have at least 10 “qualifying years” on your National Insurance (NI) record to get any State Pension – periods you have worked abroad may count towards this.

Making informed choices

Pensions minister Steve Webb says it’s crucial everyone has all the information to help them to make the right choices:
 “We are making sure people have the resources and support they need ahead of the new freedoms in April, so they can take the time to plan how to best use their pension saving for a secure retirement.”

“Now we have expanded the statement service, there is no reason why anyone who wants to exercise their new pension freedoms on day one shouldn’t be able to,” he adds.