Research and analysis

New State Pension: impact on an individual’s pension entitlement during the first 15 years

This report details the impact the new State Pension will have on an individual's pension entitlement during its first 15 years.

• From: Department for Work and Pensions
• Published: 3 December 2015

Documents

Impact of new State Pension (nSP) on an individual’s pension entitlement: first 15 years of nSP

PDF, 119 KB, 21 pages

Details

This report illustrates pension outcomes for both males and females broken down by year during the first 15 years of the new State Pension. It shows:

• the average notionally higher or notionally lower State Pension amount under the new State Pension system
• the possible reasons why an individual’s outcomes might look different than under the current system

This report will help to clarify the effects of the new State Pension, allowing stakeholders to clearly see implications broken down by year and gender.

Published 3 December 2015