Merchant Navy Officers Pension Fund


State Pensions

You can still get a State Pension if you have other income from a workplace pension, such as your MNOPF pension.

The State Pension has changed from 6 April 2016.

The new State Pension is a regular payment from the Government that you claim when you reach State Pension age.

You’ll be able to get the new State Pension if you’re eligible and:

  • a man born on or after 6 April 1951
  • a woman born on or after 6 April 1953

New State Pension

The full new State Pension for 2019/20 can be found Here.

Your National Insurance record is used to calculate your new State Pension.

You’ll usually need 10 qualifying years to get any new State Pension.

The amount you get can be higher or lower depending on your National Insurance record. It will only be higher if you have over a certain amount of Additional State Pension.

You may have to pay tax on your State Pension.

The earliest you can get the new State Pension is when you reach State Pension age, but you don’t have to claim the new State Pension as soon as you reach State Pension age. Deferring the new State Pension means that you may get extra State Pension when you do claim it.

Overseas members

If you are not within the UK social security system and are not subject to UK taxation, you will not receive any State Pension.

More information, including how to request a State Pension Statement, can be found on the GOV.UK website at www.gov.uk/new-state-pension

Contracting out

With the introduction of the new State Pension, contracting out by defined benefit schemes, such as the New Section of the MNOPF, has ceased.

More information on what these changes may mean to you can be found on the GOV.UK website at www.gov.uk/government/uploads/system/uploads/attachment_data/file/394907/new-state-pension-employees-overview-130115.pdf