State Pension Rates - UK 2015-2016 - Old Age Pension Amount | How Much?
Updated on 18th
There are several types of state pension, and different Old Age
Pension rates 2015. Much depends upon your own personal
circumstances insofar as your years of National Insurance
Contributions and your marital status is concerned in relation
to what you will be paid for your uk state old age pension
Pension Credit Payments are also dependent upon your personal
circumstances, and are available to those who qualify for
Pension Credit Payments.
The Basic State Pension Rates - How much are the Old
Age Pension Rates 2015?
The Basic Maximum Rate for State Pension Rates for the year 2015 - 2016,
is worth up to £113.10 per week for a single man or woman. This does not mean that you will automatically receive this
amount of old Age Pension. Several things can lower this maximum rate.
However, there are then other payments which are available to 'top up'
your Old Age Pension to the maximum rate shown above.
Who Qualifies for Basic State Pension?
OAP Rates 2015-2016
- If you are a single man, or a single woman, and have the full number
of qualifying years and NI contributions, then the maximum basic Old Age
Pension amount 2015, you will receive is £115.95 for this period - April 2015 -
April 2016. If you do not have the full number of qualifying years, then
there will be a reduction to this figure. DON'T WORRY! There are
other payments available to help you live within your uk state old age
- If you have less than 30 years
qualifying payments of NI or qualifying credits, you will
NOT get the maximum Basic Pension. Check here for
Basic State Pension.
Married Persons, Civil Partners,
Married Couples, State Pension entitlement.
- If you are a married man, a married woman, or you are a
civil partner, and qualify from your own NI Contributions, you
will be entitled to the basic State Pension Rate of 115.95 from
- However - if you are a married man, married woman or living
as a civil partner and using your wife's, husband's or civil
partner's National Insurance record, then the maximum state
pension amount you are entitled to is £69.50 per week.
- Married Couples of State Pension Age,
and qualifying for the full pension amount, will get a maximum of
£231.90 - from April 2015 and increasing each April - as with
other State Pensions set out in the paragraph below.
The Basic State Pension - will increase each year - every April -
for married couples according to how much the Average Earnings have
increased ( or by 2.5% or the Prices Index
if these are greater. The minimum increase will be that of the
Average earnings Index.)
For instance, if the average wages rises by only 1.8% and the
Cost of Living Prices Index by 1.5% (Highly unlikely) you will
receive and increase of 2.5%
- Your Entitlement to the Maximum Basic
State Pension, is dependent upon your having 'qualified' by
having paid enough in National Insurance Contributions during
your working lifetime. Check to see if you have
qualified for the
Maximum State Pension
- You may also be entitled to an
Additional State Pension - S2P - SERPS as once was. Not everyone is
entitled to this Pension. It will be dependent
upon your previous earnings.
There will be changes to the the State Pension
Rates System in
2016. But, the current page is in force until then.
- Over 80 and not paid enough contributions - you will not get state
pension amount of 66.00
- You will also get extra Age Addition of 25p per week to go with
State Pension Single
Flat Rate 2016 |
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