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Back to glossaryGlossary term

State Pension

The regular payment from the government you can claim when you reach State Pension age. Based on your National Insurance record. Current full amount is approximately £11,500 per year.

Relevant to:DivorceWidowhoodBusiness

See also

Pension Sharing OrderCETV (Cash Equivalent Transfer Value)ISA (Individual Savings Account)SIPP (Self-Invested Personal Pension)

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