Thousands missing out on full state pension

Some people do not have the 35 years' of NI contributions needed - even if they have been in constant work

160224-wd-pension.jpg

Most new pensioners didn’t receive the full 'flat-rate' state pension in 2016. Figures released by the Department for Work and Pensions have revealed that more than 90,000 (59%) people who started claiming the state pension between 6 April and 31 August last year received less than the flat-rate.

The new flat-rate pension was introduced by the former Chancellor George Osborne who pledged at the time that it “would be simple; it would be based on contributions’ it would be a flat rate, so people know what to expect”.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More