Pension UK: Pension plans disrupted because of COVID-19 – act now | Private finance | Funds
First, the state pension can provide a valuable safety net for many people who have accumulated social security contributions over their lifetime.
However, the government website states that the following should be noted: “If you were loaned before April 6, 2016, you may get less than the new full state pension.”
For those looking to better understand their state pension entitlement, forecasting is likely an appropriate solution.
These can be accessed through the government’s online portal, which is where the British can find out how much they could get, when, and how people could possibly increase the sum if they could.