Pension Forecasting - Pension Tracing Service ®

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Knowing how much money you will have to live off during your retirement isn’t easy, and with changes to the state pension rules, it can be even more confusing.

Retirement pension forecasting, however, will give you more detailed information on the state pension you may receive when you reach state pension age. In particular, it will provide you with:

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The current number of your qualifying years stated on your National Insurance (NI) contributions
An estimate of the current value of your state pension based on the information held on your NI contributions record
An estimate of how much state pension you may get at state pension age
A forecast of how much you could get by putting off claiming your state pension if you have asked for it
Information on how you can improve your basic state pension
Information if you chose to pay married women and widow’s reduced-rate National Insurance contributions (sometimes called ‘the married woman’s stamp’)
The effect on your new state pension if you’re contracted out

You can use our services to provide this information to give you the most complete picture of your estimate income for retirement.
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Alternatively, a state pension statement will provide you with estimates of how much new state pension you may receive. This is based on your NationalInsurance record as it stands on the date the statement is completed. However, you won’t receive a forecast on how much state pension you will receive once you’ve reached state pension age. You can apply by phone either online or post by completing a BR19 form.

Contact us

You can also request contact details from the Pension Tracing Service by phone or by post.

The Pension Tracing Service
‍Telephone: 0800 1223 170
From outside the UK: +44 (0) 1782 389134
Monday to Friday, 9:30 am to 5:00 pm

Address
‍The Pension Tracing Service
The Lantern
High Street
Ilfracombe
EX34 9QB

Copyright 2020 by Pension Tracing Service ®

The Pension Tracing Service ® is a trading style of the Millennial Wealth Ltd. We are authorised and regulated by the Financial Conduct Authority. FCA number 914746. Unit 11Flag Business Exchange Peterborough Cambridgeshire PE1 5TX. The registered company number is 11557299

This service is not affiliated with the Department of Work and Pensions or any government body. The Pension Tracing Service does not offer financial advice to our clients. However we can allocate you an Authorised and Regulated Pension Specialist.
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