Pensioners urged to check old payslips as they could get less state pension


The state pension is typically based on a National Insurance record a person has built up throughout their life. However, in this sense, there is another issue which could impact the amount a person gets.

The full new state pension is worth £185.15 per week, but some people could get less than this.

This could be the case even if they believe they have the full National Insurance record to unlock the total payment.

The matter relates to being contracted out, which many Britons may have been before April 6, 2016.

Meanwhile, the full basic state pension is £141.85 per week.

READ MORE: Pension warning as Britons could run out of money

If it has the letter A, then people were not contracted out.

Payslips with a different letter will mean individuals need to check with their employer or pension provider.

If a person has lost contact with their pension provider, then the Pension Tracing Service might be able to help.

The online tool helps individuals find contact details for their old pension schemes, as long as a name of the provider is given.

However, it will not tell Britons whether they have a pension, or what its value is.

Certain professions are more likely to have been contracted out than others.

Those who have worked in the public sector are the most likely to have been affected.

This includes: 

  • the NHS
  • local councils
  • fire services
  • the civil service
  • teaching
  • police forces
  • the armed forces

Contracted out rules have now changed, it is worth noting.

From April 6, 2016, people are no longer contracted out, and will pay more – the standard amount – of National Insurance.


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