| Basic Pension |
On own or late husband’s insurance |
Up to £79.60 maximum, depending
on number of qualifying years. |
| Married Woman |
On husband’s insurance |
Up to £47.65 |
| Increase for a dependant wife |
Under age 60 |
Up to £47.65 (see earnings
rule) *** |
| Typical rate for a married couple
|
On husbands contributions
If both paid full contributions |
£127.25
£159.20 |
| Graduated Retirement Benefit
Based on N.I. contributions paid between April
1961 and April 1975 |
1 unit (9.63p) |
For every £7.50 paid (men); £9.00 (women)
Maximum possible men (86 units) £8.28
women (72 units) £6.93
|
Additional Pension
State Second Pension
Inheritance of
SERPS
|
SERPS – not contracted out (
from 1978 to 2002) - only available to employees.
From 6 April 2002 SERPS was reformed to provide a more
generous additional state pension for low and moderate earners, certain
carers and people with long-terms illness or disability.
If your husband or wife is
due to reach state pension age on or after 6 October 2010, you will
receive up to 50% of their SERPS when they die.
If your husband or wife is
due to reach state pension age after 5 October 2002 but before 6
October 2010, when they die you will receive a maximum of between 90%
and 60% of their SERPS. Exact amount depends on when they reach state
pension age.
If your husband or wife is
due to reach state retirement pension age before 6 October 2002, you
will receive up to 100% of their SERPS when they die
If you are already a widow
or widower you can get up to 100% of your late husband's or wife's
Additional Pension |
Earnings related |
| Extra Pension (increments) |
For putting off claiming your pension
|
7.5% a year – maximum 5 years. |
| Age Addition |
Payable at age 80 |
£0.25 |
| Annual Christmas Bonus |
Paid in December |
£10.00 |
| Annual Winter Fuel Payment |
£200 per
household |
Anyone over 60 is now eligible.
|
| Annual Winter Fuel
Payment for 80 year old and over |
£100 additional
payment per household starting September 2003 |
|
|
For 2004 only - Council Tax Payment |
£100 per household
for over 70's |
|
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