# Upratelock report sample-b

**You'd get £0 new State Pension: 8 qualifying years is under the 10-year minimum. Reaching 10 is worth £68.94/week today.**

Rules: 2026/27 full new State Pension £241.30/wk (£12,547.60/yr); Class 3 £18.40/wk; 10-year minimum, 35 years for full; deferral +1% per 9 weeks.

## Inputs
- Qualifying years now 8; expected future years 0; planned Class 3 years 0
- Years to State Pension age 5 (2031/32); horizon 20 years of drawing; deferral 0 weeks
- Earnings 4%/yr, CPI 2%/yr; start £241.30/wk; adjusted-lock anchor 2030/31

## Uprating policies
| Policy | Full rate at SPA | Your weekly in 2050/51 | Today's money | Cumulative over 20y | vs triple lock |
|---|---|---|---|---|---|
| Triple lock | £293.58 | £0.00 | £0.00 | £0 | £0 |
| Earnings link only | £293.58 | £0.00 | £0.00 | £0 | £0 |
| CPI only | £266.41 | £0.00 | £0.00 | £0 | £0 |
| Flat 2.5% a year | £273.01 | £0.00 | £0.00 | £0 | £0 |
| Adjusted lock | £291.46 | £0.00 | £0.00 | £0 | £0 |

Worst vs triple lock: **Earnings link only** (£0). Best: **Triple lock** (nothing beats the triple lock on these paths).

## NI gap-fill (Class 3)
- No NI purchase planned. Cost £0.00 for 0 year(s) (0 × 52 × £18.40).
- Entitlement 0 → 0 of full rate (8 → 8 years).
- Gain at SPA: £0.00/wk triple lock; payback n/a yrs (triple lock), n/a yrs (CPI only).

## Deferral
- Claiming on time (no deferral boost).

## Shock test (8% CPI / 5% earnings at April 2027 uprating)
- Triple lock: £0.00/wk at end, £0 cumulative
- Earnings link only: £0.00/wk at end, £0 cumulative
- CPI only: £0.00/wk at end, £0 cumulative
- Flat 2.5% a year: £0.00/wk at end, £0 cumulative
- Adjusted lock: £0.00/wk at end, £0 cumulative

## Next steps
1. This week — verify the inputs: check your official forecast at gov.uk/check-state-pension (Government Gateway / GOV.UK One Login) and confirm the qualifying-years count matches the 8 you entered — note any "starting amount" if you were contracted out before 2016, which can sit above or below the pro-rata figure used here. Then download your NI record (gov.uk/check-national-insurance-record), list each gap year by tax year, and mark which fall inside the last 6 tax years — normally only those can still be bought, so confirm each year's payment deadline before the April uprating.
2. You are below the 10-year minimum, so you'd currently get £0 of new State Pension. Finding 2 more qualifying year(s) — through work, NI credits (Child Benefit/carer/UC/Carer's Credit) or Class 3 — is worth £68.94/week straight away at 10 years. Do this before anything else. No NI purchase planned. You have 8 qualifying years counted; each extra year below 35 is worth about £6.89/week today for £956.80 of Class 3 — re-run with plannedExtraNiYears if you have gaps.
3. Stress-test the uprating risk: under Earnings link only you'd receive £0 less over 20 years than under the triple lock (and £0 less in the 8% CPI shock case). Size your private pension / drawdown so you can live with the worst line, not the triple-lock line.
4. Deferral: you are claiming on time. Deferring at least 9 weeks would add 1% per 9 weeks (≈5.8% a year), but the extra only rises with CPI and typically takes 17+ years to break even — re-run with deferWeeks to price it.
5. Diary your State Pension claim: the DWP should write about 2 months before State Pension age (2031/32); claim online at gov.uk/get-state-pension or on 0800 731 7898 if no letter arrives. State Pension age is rising to 67 between 2026 and 2028 — check yours at gov.uk/state-pension-age. Save this report link and re-run it each April after the uprating announcement (Autumn Budget sets the figure; GOV.UK publishes the new weekly rate) — swap your startingWeekly and CPI/earnings assumptions for the actual numbers, and take regulated advice (unbiased.co.uk / MoneyHelper Pension Wise if 50+) before large Class 3 payments.

_Projections, not promises: the State Pension uprating rule is set by Parliament each year. Simplified new State Pension maths (no starting amount/protected payment). Not financial advice. https://upratelock.darren-ee5.workers.dev/r/sample-b_