State Pension age hiking - Is it worth relying on state pensions?

Anjali_kashyap23 Feb, 2023Business

State pensions are regular payments paid weekly from the government when someone reaches the State Pension age. The amount of state pension you receive and the qualifying number of years you need to have of national insurance payments will depend on the year you were born. Moreover, the qualifying amount you receive will depend on factors such as how much you contributed in national insurance payments, including contributions you made whilst in employment and contributions credited when you were unable to work.