Monthly state pension (UK)
If you've put in the minimum amount over the minimum qualifying number of years, how much will you get per month?
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I think it depends on age but you need minimum 10 qualifying years for state pension but 35 years for the full state pension. Anything less than 35 years is a fraction of the amount. So 10 years is 10/35 multiplied by whatever the weekly state pension is. People now say it may not even exist in 20 years or will be means tested.
@Lisa i was going to say.... Not sure there will even be a state pension by the time our generation retires!
Not 100% sure why I am paying into it, we will never get to retire or they'll keep raising the age so we never get to that point
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Who knows by the time my generation get there. There might not even be a retirement age. If you retired today with the qualifying years national insurance it’s about £800pcm.