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Sunday 23 November 2008

Working, Volunteering and Retirement

State Pension

Additional State Pension
The additional State Pension, or State Second Pension, is paid in addition to the basic State Pension.

Basic State Pension
The basic State Pension is a government-administered pension, based on the number of qualifying years gained through National Insurance contributions (NICs).

Changes to the State Pension age
State Pension age is the earliest age at which you can claim your State Pension.

Get a State Pension forecast
When you think about how much money you'll need in retirement, it's important to take the State Pension into account (as well as any company or personal pensions and other savings).

State Pension for Britons living abroad
If you're planning to live abroad when you retire, you'll still be able to claim your State Pension.

Taking up your State Pension later
If you put off claiming your State Pension from April 2005, you can earn either extra State Pension or a one-off taxable lump sum payment.

The Over 80s Pension
The Over 80 Pension is a State Pension for people aged 80 or over who have little or no State Pension.

What happens to your State Pension when you die?
When you die, your entitlement to the basic State Pension ends.