The UK pension system has evolved. Those who reached State Pension age before April 2016 have different entitlements than newer retirees.
Basic State Pension (Old System)
Those who reached State Pension age before 6 April 2016 receive the Basic State Pension. The full rate is £184.90 per week in 2026/27. It was based on 30 years of contributions.
- Full basic pension: £184.90/week (2026/27)
- Based on 30 years contributions
- Additional state pension could top up
New State Pension (Current System)
New State Pension applies to those reaching State Pension age from 6 April 2016. Full amount is £241.30/week in 2026/27, requiring 35 years of contributions. Some may get more through transitional protection.
Which is better?
It depends on your contributions. Those with full basic plus additional pension may get more than the new full rate. Check your forecast.
- state pension
- basic pension
- new state pension
- UK