How is state pension calculated?

Is not the amount of state pension receivable based on the amount of contributions made during one's working life?

Some one told that only the number of years is taken into account... therefore is it just end equitable that someone paying twice as much as someone else should recieve the same pension??

 

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There is an earnings related element if the pensioner has paid C

Phil Rees |
Phil Rees's picture

state pension

law man |

12.8% is not correct

Phil Rees |
Phil Rees's picture

There are, in effect, two pensions

Discountants |
Discountants's picture

Level of Earnings

Vince54 |