LRD guides and handbook March 2013

State benefits and tax credits 2013

Chapter 5

Basic State Pension

How much do you get?

From April 2011, the government introduced a triple guarantee that the Basic State Pension will rise by the highest of the following:

earnings;

prices (using the Consumer Price Index); or

2.5%.

This means that, in 2013-14, The Basic State Pension increase is 2.5%.

The standard rate of Basic State Pension for a man or woman with a full contributions record is £110.15 a week. A wife qualifying on her husband’s contributions is entitled to £66.00, making a couple’s pension £176.15 a week.