Your state pension

 

The State scheme is in two parts: the State Basic Pension and the State Second Pension. Both are paid from State Pension age.

 

The Telefónica UK Pension Plan is not contracted out of the State Second Pension. Therefore you will normally receive the State Basic Pension and the State Second Pension in addition to your Plan benefits.

 

The State Pension age and the way it’s paid will be changing from April 2016, for more information click here