Pension Statement Forecast

The DWP has launched a new State Pension statement service which has replaced the old State Pensions Forecasting Service.

The new statement gives individuals an estimate of the State Pension they may get when they reach state retirement age, based on their National Insurance record as it stands at the time the statement is produced. It also includes information about what effect further qualifying years may have on the amounts shown.

Individuals can get statements by phoning or writing to the Future Pensions Service or on-line via www.gov.uk.

The Combined Pension Statement Service, which enables employers and pension providers to include State Pension information in their annual benefits statement will be re-launched in early November 2012 on www.gov.uk.