The Department for Work and Pensions (DWP) has revealed that the State Pension is currently providing crucial financial aid to 12.9 million individuals across Great Britain. The New State Pension, claimed after April 6, 2016, offers up to £221.20 per week, while the Basic State Pension (Category A or B) provides £169.50 weekly.

The amount one receives from this contributory benefit hinges on the number of National Insurance years accumulated before reaching the current retirement age of 66…