Pensions - Articles - Number of people receiving a new State Pension statement


 In the period, 1st September to the 7th November 18,000 statements have been issued to individuals under the new State Pension rules.

 The Pensions Act 2014 legislated for a new ‘single-tier’ State Pension system to be introduced for individuals reaching State Pension age after April 2016.

 A new service giving people a personalised written statement estimating what they can expect to receive under the new State Pension system, has been running since the beginning of September 2014. The statement is based on the individual’s work history and National Insurance contributions.

 This publication provides statistics on the number of State Pension statements produced between 1 September and 7 November 2014. It provides a breakdown of these statements by gender and whether the statement is based on the current State Pension system or the new State Pension system valuation.

 To view the full report please click on the link below:
 Number of people receiving a new State Pension statement

Back to Index


Similar News to this Story

Pension transfer petition nears deadline
Pension savers are being urged to act now as the clock ticks on a parliamentary petition designed to stop unnecessary delays when people seek to move
Funding steady as December caps positive 2025 for DB schemes
Fully hedged scheme sees small funding level decrease over December. 50% hedged scheme does not change funding level between month ends. Both schemes
Five key areas of focus for the DC pensions market in 2026
LCP expects 2026 to be a pivotal year for the defined contribution (DC) pensions market, driven by new regulation taking shape, tax reform and evolvin

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.