State Pension currently provides a regular income for 12.6 million older people across Great Britain, including more than one million living in Scotland.
The payment is delivered by the Department for Work and Pensions (DWP) to those who have reached the UK Government’s eligible retirement age, which is now 66 for both men and women, and have paid at least 10 years' worth of National Insurance contributions.Some 2.9m people claiming the New State Pension are receiving payments of up to £203.85 each week, and as the benefit is usually paid every four weeks, this amounts to £815.40 per pay period.
The majority of overall claimants (9.7m) are receiving Basic State Pension payments of up to £156.20 each week, the equivalent of £624.80 per pay period.
The type of State Pension a person receives depends on their date of birth - men born before April 6, 1951 and women born before April 6, 1953 are eligible for the Basic State Pension while those born after these dates will get the New State Pension.
Read more on dailyrecord.co.uk
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