Published On: Fri, Apr 3rd, 2020

State Pension for women: How much is State Pension for a woman? | Personal Finance | Finance

Thanks to the Conservative triple lock system, State Pensions are seeing a huge increase this year. But how much is the State Pension for a woman? tells you all you need to know about the State Pension for wo

Who can claim the new State Pension?

State Pensions can be claimed when you reach State Pension age.

You can claim the new State Pension, which came about in 2016, if you are:

  • A man born on or after April 6, 1951
  • A woman born on or after April 6, 1950

Women born before on or after this date need 30 qualifying years on their NI record, just like men.

READ MORE- State pension for men: How much is State Pension for men?

The basic State Pension increases every year by whichever is the highest of the following:

  • Earnings – the average percentage growth in wages (in Great Britain)
  • Prices – the percentage growth in prices in the UK as measured by the Consumer Prices Index (CPI)

How much is the basic State Pension for women?

Those who retired before April 2016, and are subject to the old State Pension, will also see an increase in their Pensions.

From April 6 2020, the basic State Pension is rising from £129.20 to £134.25.

This represents a £5.05 a week increase, which isn’t much less than the £6.60 increase those on the new State Pension are seeing.

The State Pension is going to be increasing every year in line with the triple lock.

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