The Forces Pension Society writes each month inside Pathfinder International magazine. Come and visit them for second to none Forces Pensions advice at the Armed Forces & Veterans Expo taking place on Thursday March 16 at the G Tech Stadium in Brentford – register and see more information here! 

Forces Pension Society in February’s Pathfinder magazine

Here the Forces Pension Society looks at the State Pension…

In last month’s issue of Pathfinder, we explained how Armed Forces pensions were protected from inflation.  In this article Mary Petley of the Forces Pension Society explains how your State Pension (sometimes called the ‘Old Age Pension’) keeps its value.

You contribute to your State Pension by means of National Insurance Contributions (NICs) which are deducted from your pay.  The rate at which you pay NICs increased in 2016 when the new Single Tier Pension was introduced. You need to pay 35 years’ worth of NICs to qualify for the full Single Tier Pension.  If you contribute for more than 10 years (about 8 of which must be at the higher rate) but less than 35, you will receive a proportion of the full rate commensurate with the NICs you have paid.  Anyone who has less than 10 years’ contributions in total or from April 2016 will not qualify for anything from this scheme.

Currently, the full Single Tier Pension rate is £185.15 per week (so, just over £9,600 per year).  This is a sum worth having but what will it be in April 2023 and how was that increase arrived at?

In 2010 a formula called the ‘Triple Lock’ was introduced to calculate the annual increase to State Pensions.  The ‘Triple Lock’ mechanism, which has been used every year except 2022 when COVID 19 distorted the figures, provides for an increase worth the best of:

2.5% or Consumer Price Index (CPI) or Average Pay growth.

That means, using this formula, that the Single Tier Pension will rise by 10.1% (which was the CPI rate announced by the Government in October 2022) giving a revised rate of £203.85 per week (just over £10,600 per year).

You are probably a long way from reaching your State Pension Age (SPA) but it is not a bad idea to check your contribution record.  You could do this by writing to the National Insurance Contributions Office at: 

The Pension Service 9

Mail Handling Site A


WV98 1LU

Alternatively, you could check online at : .

If you have had no breaks in your Armed Forces service, your NIC record for that period should be complete.  If it is not, you need to challenge it and you will probably need the help of DBS to prove  what has been paid on your behalf.  If there are gaps in your record that should be there – for example, you took an unpaid career break – you can buy back up to 6 years NIC ‘cover’ by means of paying Voluntary Contributions (Class 3 NICs). More information about Voluntary Contributions  can be found at .

Finally, SPA can change, so it is a good idea to check yours from time to time.  It is quick and easy to do.  Visit to keep yours under review.  You can also obtain a State Pension forecast on line at – and this could be of particular interest to those of you will not have paid the higher rate of NICs long enough to qualify for the full Single Tier Pension rate and do not intend working or paying Voluntary Contributions once they leave the Armed Forces.

If you are member of the Forces Pension Society and have pension-related questions, contact us at [email protected].  If you are not yet a member but would like to know more about us, visit