What pension are you entitled to from the State?
One of the important things you need to establish, even before you think about making additional savings for your retirement, is precisely what pension entitlements you already have. We looked at finding lost private sector schemes in an earlier post. Today I will show you how easy it is to find what you are currently entitled to from the State. Confusion is totally understandable as both the rules and retirement ages have changed numerous times in recent years leaving even some professionals in doubt.
Getting a state pension statement though is simplicity itself. The link below will take you straight there. Since the rules vary depending on age and sex, you have to answer a couple of simple questions. Some age groups will be able to obtain their statement online, others will be sent theirs by post after filling in a relatively brief form.