Other pensions
If you think about the basic State Pension as your first pension, any other pension you have will be your other pension. Your other pension could be an additional State Pension, or some kind of private arrangement such as an occupational pension, a stakeholder pension or a personal pension.
How can I trace an old pension?
If you think you have contributed to a private pension before but have lost touch with the pension provider then the Pension Tracing Service can usually help by tracing it for you. You can call them Monday to Friday from 9am to 5pm on 0845 6002 537 (Textphone 0845 3000 169).
How will I receive my other pension?
If you have an additional State Pension, you can get this pension when you reach State Pension age. When you claim your basic State Pension your additional State Pension entitlement will be worked out at the same time. Your additional State Pension will be paid with any basic State Pension you are entitled to.
If you have an occupational pension, you may receive a pension directly from your scheme or you may have to use the pension fund you have built up to buy a regular income for the rest of your life (this is called an annuity).
In some circumstances, you can get part of the pension fund as a tax-free lump sum. You will receive this money whether or not you get any State Pension.
It's a good idea to find out whether you will be paid a pension directly by your scheme (including ones you may have belonged to in the past) or to check whether you have to buy an annuity. They will then be able to let you know what you need to do.
What if I don't have another pension?
Depending on your circumstances there are still ways you can increase your income before you retire. You may want to speak to a financial advisor to get some advice on your options, but remember that you will generally have to pay for this.
What else should I be doing?
Start by finding out how much basic State Pension you can expect to receive by getting a State Pension forecast. The forecast will also tell you if you will receive any additional State Pension. If you have a private pension, such as an occupational pension, a stakeholder pension or a personal pension, ask your pension provider to tell you have much you can expect to receive from this pension when you retire.
What about combined pension forecasts?
The government is joining up with some employers and pension providers to offer combined pension forecasts. These forecasts will give you an estimate of what you can expect to receive from both your State Pension and current private pension. Ask your employer or pension provider if they offer this service.
What if I think I won't have enough money?
If you are nearing retirement and you are worried that your retirement income may not be enough for your needs, then take a look at the extra support you may be entitled to.
Get the most out of later life
The Directgov website's Over 50s section points you in the right direction for help and advice available through Government and voluntary organisations.
It provides information and contact details for community and voluntary organisations, training opportunities and health and fitness advice.