State Pension payment calculations will change for some people next year
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dailyrecord.co.ukState Pension provides essential financial support every month for over 12.6 million people across the UK. This regular payment is available for those who have reached the UK Government’s eligible retirement age, which is now 66 for both men and women.
The retirement benefit is not paid automatically, it has to be claimed by those of eligible age, because some people choose to defer making a claim in order to keep working and contribute more towards their pension pot.
However, the UK Government recently announced plans to change the rules on how State Pension is calculated if you move abroad because the UK has now left the EU.
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