The latest statistics from the Department for Work and Pensions (DWP) show that the State Pension currently provides a regular financial income for nearly 12.7 million older people across the country, including more than one million retirees living in Scotland.
This payment is available for those who have reached the UK Government’s eligible retirement age, which is currently 66 for both men and women, and have paid at least 10 years' worth of National Insurance (NI) contributions.
However, people over 80 who have no Basic State Pension income or have a weekly income of less than £101.55 each week, could be due extra money to help them with daily living expenses.
The ‘Over 80 Pension’ currently gives older people £101.55 each week if they are receiving no Basic State Pension, or makes up the difference to that amount.
Read more on dailyrecord.co.uk
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