The government says that women won't have to wait for more than 18 months longer for their state pension.
The rise in state pension age has been put back (slightly) from April 2020 to October 2020
Article kept for archiveHundreds of thousands of women are being disproportionately affected by the speeding up of the rise in the state pension age to 66. That's because their state pension age is already rising to 65. In October 2011 the government announced a very small climbdown on the speeding up of the rise in the state pensions age.
Will you be affected by the government’s plans to speed up the raising of the state pension age to 66?
The government's latest plans mean 300,000 women would have to wait 18 months longer for their state pension.
Late in 2011, Parliament passed the Pensions bill which includes a speeding up of the rise in the state pension age for women (first announced in October 2010). The coalition government wanted to speed up the rise in the state pension age to 66 by April 2020, but the timetable has been slightly delayed and now the state pension age won't rise to 66 until October 2020. However, hundreds of thousands of women are experiencing two increases in their state pension age.
If you've not made enough National Insurance contributions to get a full basic state pension, you can top them up.
Many women lose out on a full basic state pension because they haven’t paid enough National Insurance contributions.
If you haven't made enough National Insurance contributions to receive a full basic state pension, you can go back and make extra, voluntary National Insurance contributions to plug the gap. It may not be the right move for everyone (if you're likely to get Pension Credit, you may be better off not buying extra National Insurance), but in many cases, it could mean you get a bigger state pension for throughout your retired life.