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DWP confirms State Pension amount is changing for many Brits in 2022
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manchestereveningnews.co.ukSign up to FREE email alerts from our Money Saving Club Newsletter In 2022, State Pension will be changing for many Brits. Millions of people currently rely on State Pension to help with basic living costs once they leave work.
As it stands, this kicks in at 66 for both men and women It is based on your National Insurance record and so takes into account the National Insurance you built up before the new State Pension was introduced in 2016, as well as contributions and credits since then.
READ MORE: M&S sends two-week closure warning to shoppers So not everyone will get the same amount. The full rate of the new State Pension is currently £179.60 a week – that’s just over £9,350 a year.
Read more on manchestereveningnews.co.uk
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