People of State Pension age could boost their income by up to £358 a month - here's how

Planning for your retirement can never start too early and the amount of State Pension people will receive depends on how long they have been making National Insurance (NI) contributions towards it. The qualifying age for State Pension is now 66 for both men and women across the UK, although you will be able to claim the 'new' State Pension if you are a man born on or after April 6,1951 or a woman born on or after April 6, 1953.

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State Pension provides essential financial support every month for around 12.6 million people across the UK, including 981,399 Scots and for some, it is their only source of income during their retirement years. This regular payment is delivered by the Department for Work and Pensions (DWP) and is available for those who have reached the UK Government’s eligible retirement age, which increased to 66 for both men and women in October 2020.

State Pension provides essential financial support every month for around 12.6 million people across the UK, including 981,399 Scots. This regular payment is available for those who have reached the UK Government’s eligible retirement age, which increased to 66 for both men and women in October 2020.

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Department for Work and Pensions (DWP) is introducing a change this month that will have an impact on hundreds of thousands of Universal Credit claimants. There are more than four million self-employed people in the UK, with 746,000 relying on financial support from the DWP to top up their income.Universal Credit payments for the self-employed are based on what's called the Minimum Income Floor, a policy that was suspended during the coronavirus pandemic.

Department for Work and Pensions (DWP) estimates that up to one million pensioner households across the UK may be entitled to Pension Credi t, but are not claiming the benefit. Pension Credit can help top-up retirement income, even if someone already receives a pension or has another source of regular payments.

State Pension provides essential financial support every month for around 12.6 million people across the UK, including 981,399 Scots. This regular payment is available for those who have reached the UK Government’s eligible retirement age, which is now 66 for both men and women.

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