State pension calculator, 2026/27
Company directors who pay themselves a low salary sometimes fall below the level needed to build a qualifying year, which can quietly reduce their eventual state pension. Enter your qualifying years to see an estimate of your weekly and annual state pension.
The state pension calculator runs on the rates and thresholds HMRC has published for the 2026/27 tax year, so the figures you see reflect the position your company is actually filing on rather than a historic set of bands. Change any input and the result recalculates immediately, with no sign-up and nothing sent anywhere.
If you are a director of a UK limited company, use it as a first look before a decision rather than as the decision itself. Full new state pension is £241.30 per week from 6 April 2026, requiring 35 qualifying National Insurance years. Real company positions bring in other income, reliefs, group structures and prior year adjustments that a single page of inputs cannot see, which is why the workings are written out below under pensions. Read those, then check the numbers against your own accounts, and speak to us if anything looks materially different from what you expected.
Last reviewed 12 September 2026 for the 2026/27 tax year. Reviewed by Waqas Sagar, Member of ICAEW, Fellow of ACCA, Fellow of AAT.
Regulated by
Regulated & AML supervisor
AAT fellow member
Xero Gold PartnerCertified advisor
QuickBooks PartnerCertified ProAdvisor100+ yearsCombined team experienceFully insuredUp to £2m indemnityState pension calculator
Result, 2026/27
Estimated weekly state pension
Estimated annual state pension
Full new state pension (35 qualifying years)
Additional qualifying years needed for the full amount
Illustration only, figures are based on the rates you have selected and the information entered. Please check your own position with us before acting.
Estimates for the 2026/27 tax year using published GOV.UK rates. Switch between 2026/27 and 2025/26 above.
How this is calculated
The full new state pension is £241.30 a week from 6 April 2026, and is normally reached with 35 qualifying years of National Insurance contributions or credits. Fewer than 35 years generally gives a pro-rata amount, which is what this calculator estimates by dividing your qualifying years by 35 and multiplying by the full weekly rate.
Most people need at least 10 qualifying years to get any new state pension at all. Someone with a mixed National Insurance history, including periods contracted out of the additional state pension before 2016, may have a different 'starting amount' that does not follow this simple pro-rata rule exactly, which is why an official forecast is the definitive source.
This calculator is therefore an estimate for planning purposes, not a substitute for checking your actual forecast through the GOV.UK 'Check your State Pension forecast' service.
Why directors need to check this
A director paying themselves a salary below the lower earnings limit does not build a qualifying year through that employment, even though no employee National Insurance is due, because a qualifying year requires earnings at or above the lower earnings limit or sufficient NI credits.
Many director salary strategies deliberately set pay just above the lower earnings limit specifically to protect a qualifying year at minimal National Insurance cost, which is worth checking against your own payroll figures each year.
Filling gaps
Voluntary Class 3 National Insurance contributions can sometimes fill gaps in your record, and Class 2 contributions may be available and cheaper if you also have self-employed profits, both of which can increase your eventual state pension for a relatively modest outlay depending on how many years you buy.
Deferring your state pension past state pension age also increases the eventual weekly amount, which is a separate decision from the qualifying years calculation shown here.
What this means for your company
Treat the result as a planning figure for the 2026/27 tax year. If it changes what you were about to do, take a director's salary, a dividend, a large asset purchase or a filing decision, check it against your own accounts first. We can review the position with you and confirm the tax treatment before you commit.
Frequently asked questions
How many qualifying years do I need for the full state pension?
Typically 35 qualifying years under the new state pension rules, though your own starting amount may differ if you have periods contracted out of the additional state pension before April 2016.
Does drawing a low director's salary affect my state pension?
It can. If your salary is below the lower earnings limit for a tax year, you may not build a qualifying year from that employment, even though you pay no National Insurance, which is why many director salaries are set just above that limit.
Can I buy back missing years?
Yes, voluntary Class 3 contributions, or Class 2 if you also have self-employed income, can fill gaps in your National Insurance record within certain time limits, potentially increasing your eventual state pension.
Where can I get an exact figure?
The GOV.UK 'Check your State Pension forecast' service gives your actual entitlement based on your full National Insurance record; this calculator only gives an estimate based on a simple pro-rata assumption.
Keep going
Related calculators
Same rates, different question.
Pension drawdown calculator
See how long a pension pot could last under flexi-access drawdown at your chosen withdrawal rate, and the tax due on taxable withdrawals in 2026/27.
CalculatorPension pot projection calculator
Project how your pension pot could grow to retirement with regular contributions and compound investment growth, then see the tax relief boost you receive.
CalculatorNet worth calculator
Calculate your personal net worth by listing assets and liabilities, a useful yearly check for directors alongside company accounts and personal tax planning.
CalculatorSalary comparison calculator
Compare take-home pay, tax and National Insurance between two salary levels for 2026/27, useful when weighing a job offer or a director's pay rise.

