State Pension: Do you have to apply for your State Pension, is it paid automatically? | Personal Finance | Finance

The State Pension helps to support people in older age, and the full new State Pension is £175.20 per week. The amount of State Pension someone receives is dependent on their National Insurance record, and how many qualifying years they have on their record.

Do you have to apply for your State Pension? Is it paid automatically?

The new State Pension is not paid automatically, and people will need to apply to claim it.

The Government website explains: “You will not get your new State Pension automatically – you have to claim it.

“You should get a letter no later than two months before you reach State Pension age, telling you what to do.

READ MORE: SEISS: How many self-employed grants have there been?

“If you have not received an invitation letter, but you are within four months of reaching your State Pension age you can still make a claim.”

The Pensions Advisory Service explains in some cases the State Pension may be paid out automatically.

They state: “You usually have to claim your State Pension – it isn’t normally paid automatically, unless you are receiving certain benefits before you reach State Pension age.”

People can opt to carry on working and still claim their State Pension.

However there are alternative ways someone can claim their State Pension.

People can choose to download a State Pension claim form, and this can then be sent to the person’s local pension centre.

People can also phone the Pension Service, who will then post out a State Pension claim form.

The Government website details further information on claiming the new State Pension HERE.

Source link