How it's calculated
The full amount of the Manx State Pension is £241.50 a week from 8 April 2024.
The amount of Manx Pension Supplement you may get is calculated separately.
What you'll get is based on your Isle of Man National Insurance record.
Valuing your National Insurance contributions and credits before 6 April 2019
Your Isle of Man National Insurance record before 6 April 2019 is used to calculate the 'starting amount' of your Manx State Pension.
Your starting amount will be the higher of:
- the amount you would have got under the old State Retirement Pension rules (which includes basic state pension and additional state pension); or
- the amount you would get on your record to 5 April 2019 if the new Manx State Pension had been in place since the start of your working life
Your starting amount will include a deduction if you were contracted out of the Additional State Pension. You may have been contracted out of the Additional State Pension because you were in a certain type of occupational pension scheme or personal pension scheme.
If your starting amount is less than the full amount of the Manx State Pension
You may be able to get more Manx State Pension by adding more qualifying years to your National Insurance record from 6 April 2019.
You can do this until you reach either the full amount of the Manx State Pension or state pension age - whichever comes first.
Each qualifying year on your National Insurance record from 6 April 2019 will add about £6.90 a week to your Manx State Pension. The exact amount you get is calculated by dividing £241.50 by 35 and then multiplying by the number of qualifying years you have after 5 April 2019.
These figures are likely to change over time due to inflation.
Example
You had a starting amount from your Isle of Man National Insurance record before 6 April 2019 of £130 a week.
You have another 5 qualifying years on your National Insurance record after 5 April 2019 (each year adding about £6.90 a week to your Manx State Pension) equalling £34.50 a week.
This adds up to about £164.50 a week for your Manx State Pension.
The figures shown above may be adjusted to account for inflation.
Any Manx Pension Supplement you're entitled to is paid on top of this.
If your starting amount is more than the full amount of the Manx State Pension
The part of your starting amount which is above the full amount of the Manx State Pension (£241.50 a week, from 8 April 2024) is called your 'protected payment'. This is paid on top of the full amount of the Manx State Pension.
If your starting amount is more than the full amount of the Manx State Pension any qualifying years of National Insurance contributions you have after 5 April 2019 will not add more to your Manx State Pension.
If you didn’t pay any National Insurance contributions or get any National Insurance credits before 6 April 2019
This will be the case if you were born after 5 April 2003 or become resident in the Isle of Man after 5 April 2019.
Your state pension will be calculated entirely under the new Manx State Pension rules.
You'll usually need at least 10 qualifying years of National Insurance contributions or credits to get any Manx State Pension. These could be in the Isle of Man, the UK or in certain other countries which have a social security agreement with the UK.
The 10 qualifying years don't have to be in a row.
You'll need at least 35 qualifying years of National Insurance contributions or credits in the Isle of Man to get the full amount of the Manx State Pension.
You'll get a proportion of the Manx State Pension if you have between 10 and 34 qualifying years of National Insurance contributions in the Isle of Man.
Example
You have 20 qualifying years of National Insurance contributions in the Isle of Man after 6 April 2019.
You divide £241.50 by 35 and then multiply by 20.
Your Manx State Pension will be about £138 per week.
The figures shown above may be adjusted to account for inflation.
You'll get a proportion of the Manx State Pension if you have less than 10 qualifying years of National Insurance contributions in the Isle of Man but have qualifying years in the UK or in certain other countries that have a social security agreement with the UK, which, when added to the number of years of National Insurance contributions you have in the Isle of Man, amount to at least 10 years.
Your Manx State Pension will be calculated only on the number of qualifying years of National Insurance contributions you have in the Isle of Man.
Example
You have 5 qualifying years of National Insurance contributions in the Isle of Man after 6 April 2019.
You also have 30 qualifying years of National Insurance contributions in the UK.
You divide £241.50 by 35 and then multiply by 5.
Your Manx State Pension will be about £34.50 per week.
The figures shown above may be adjusted to account for inflation.
Your Manx State Pension is more likely to be calculated in this way if you were born after the 5 April 2003 or became a resident of the Isle of Man after 5 April 2019.
Annual increases
The amount of the Manx state pension will usually increase each April.
Get a State Pension statement
You can get a State Pension statement that can tell you how much Manx State Pension you may get. To get a statement of how much Manx State Pension you could get please print the BR19 application form and once completed send to the Income Tax Division, Government Office, Douglas Isle of Man, IM1 3TX. This form can be found at the Income Tax Division's Forms page under the National Insurance drop-down menu.
