| UPDATED: 15:19, Tue, Feb 16, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The State Pension is in place to provide financial support when someone reaches their State Pension age. Someone does not have to immediately start claiming their State Pension when they reach retirement age, nor do they have to give up work if they do not want to. When someone decides to claim their pension, they may receive the full State Pension, while others may be paid less based on their National Insurance record.