Check Your State Pension Age and Forecast

The Department for Work and Pensions (DWP) are encouraging people to use their online tools to check the age at which they can receive their State Pension, the amount and the age they qualify for a Bus Pass.

ICB highlights helpful resources that are part of the Gov.UK ‘Plan your retirement income: step by step’ guidance.

As ICB has pointed out, the State Pension age (Spa) is in the process of increasing to 67.  The SPa is the earliest age that an individual you can start receiving the new State Pension (nSP).  By entering only a date of birth, the tool will allow you to check: 

• The dates you will reach the SPa;
• The date you might qualify for Pension Credit (if you’re over SPa and on a low income.); and
• The date when you will get your Bus Pass (this is aligned to the SPa in England but 60 in the devolved nations) 

There are two other sources of guidance that are of interest both personally and professionally: 

• Working after State Pension age - which includes links to deferring receiving the State Pension and the implications for employee Class 1 National Insurance; and
• Check your State Pension forecast – which requires sign-in via the Government Gateway or GOV.UK One Logon

For Bookkeepers

DWP are keen to promote the use of these and ICB is pleased to encourage individuals to use them.