Why is my State Pension lower?’ Some may receive £40 less than others each week | Personal Finance | Finance
Some pensioners may be receiving hundreds of pounds less than someone who is one day older every month due to the date of their birth, as one expert explains.
Those nearing state pension age generally understand that 35 years of National Insurance contributions or equivalent credits will entitle them to a weekly sum of £221.20 once they reach state pension age. This is the full new state pension amount, but many pensioners and some yet to retire are receiving significantly less.
