Pension age: How to find out when you’ll reach State Pension age

For those lucky enough to be nearing retirement, or at least discussing the possibilities for your retirement, you may be regularly checking your State Pension age in case of any changes. The State Pension age is the earliest age you can start receiving your State Pension. This age may be different from the age which you can receive your workplace or personal pension. If you’re unsure of what your pension age is, the government calculate when you will receive it based on your gender and date of birth. Gov.uk have a tool online where you can check what your State Pension age may be. They can also tell you when you’ll reach State Pension age and your Pension Credit qualifying age. You can also find out when you’ll be eligible for free bus travel. Filling out the form online requires just your date of birth and your gender. However, the State Pension age is under review, so any results given now may change in future. As well as figuring out when you can receive your State Pension, you can also check how much is in your pot. Many are not aware of how much they currently have put away for later life, but PensionBee told Express.co.uk the best way to keep on top of your pension payments. To check your workplace and personal pensions, look at your annual pension statements or log in to your online accounts. If you’re not sure where your pensions are and you’re not receiving statements, you may need to track down your pensions.

Checking your state pension

The State Pension is a regular payment from the government that you can receive when you reach state retirement age, based on your National Insurance record. The maximum state pension is currently £155.65 per week, but it will change in the future.

Checking your workplace and personal pensions

It’s important to check your pension to make sure you’re saving enough for retirement, you understand the fees you’re paying, and you’re happy with how your pension is being invested. If you have workplace pensions, and/or private pensions, you should receive statements each year showing you how much money is in your pension pots and how your investments are performing.

Checking your pension online

Some pensions – including PensionBee pensions – come with online accounts. This means you can log in to your account to check your pension any time, just like you check your bank balance from your online banking portal.