'Pensions' To Rise'

mikey53


Joined: 21/08/2011
Posts: 91

Message Posted:
19/10/2011 15:33

Newspapers reported today that single Uk Pensions will rise £276 pa, joint state state pensions will increase by £441 The biggest increase for many years comes because social security benefits are now linked to the Consumer Price Index, in Sept which soared to 5.2 %. The basic single state pension goes up by £5.31 to £107.46 from April 2012 while the joint state pension increases by £8.49 to £ 171.84 a week Joanne Segars of the Nat Association of Pension Funds said "This gives a bit of extra help to the millions of hard pressed OAP's as Miss Segars said because our state pensions are one of the meanest and most complicated in Europe it's welcomed.

wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
19/10/2011 20:14

thanks for post

gusanova


Joined: 23/11/2010
Posts: 187

Message Posted:
19/10/2011 20:25

All welcome for more EFEs haha!!

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
19/10/2011 20:31

Not if you read the Daily Mail. "However, the Prime Minister’s official spokesman yesterday said that al-though the September inflation figure and April increase were ‘usually’ linked, the ‘actual decision’ will not be made until November or December – fuelling fears that ministers are looking for a get-out clause.

http://www.dailymail.co.uk/news/article-2050388/UK-inflation--3-4bn-benefits-workers-face-meagre-rises-pay-freezes.html?ito=feeds-newsxml

kavenkoy


Joined: 10/04/2008
Posts: 1787

Message Posted:
19/10/2011 20:56

yes but they now want me to work 3 more years to fund it LOL



what a shower of ...........



kav

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
19/10/2011 21:04

What is the official retirement age now in uk?

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
19/10/2011 21:06

My widows pension is more than the increased figure quoted now.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
19/10/2011 21:27

Deniz1, retirement age depends on how old you are, and what gender.

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
19/10/2011 21:31

Like Deniz1, my state pension is higher than the increased figure quoted, too.

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
19/10/2011 21:55

For my friend female 60 this week.

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
19/10/2011 22:07

Women born between 6.10.1951 - 5.11.1951



Eligible to draw state pension on 6 May 2013



According to http://www.nidirect.gov.

dalartokat


Joined: 14/04/2008
Posts: 734

Message Posted:
19/10/2011 22:18

Deniz1....Go onto http://www.directgov.co.uk and use the Pension Calculator under "Calculating your State Pension age"

gives you more accurate information.

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
19/10/2011 22:28

Pension can be higher than the quoted figure if you have Serps and you paid into the graduated pension fund.

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
20/10/2011 07:46

Thanks for that.

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
20/10/2011 07:48

I dont know what my husband paid into it has always seemed a bit higher than usual not that i am complaing bless him. He is still looking after me !

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
20/10/2011 07:53

http://pensions-service.direct.gov.uk/en/state-pension-age-calculator/home.asp

carian


Joined: 13/03/2009
Posts: 336

Message Posted:
20/10/2011 08:38

If you are 60 soon and female you should have been sent all the details of when your pension will be paid. I got mine about 18 months before I turned 60 this Summer.

mikey53


Joined: 21/08/2011
Posts: 91

Message Posted:
20/10/2011 12:44

Womens retirement pensions are being brought in line with mens age ie 65 this I beleive has already been passed in law, as posted above, you can find out when your retirement should come into effect ( male/female) by using the information already posted previously state pension age calculator. Some people got a bit confused it would seem, as the thread was not what you as individuals will receive but what 'The Basic State Pension' is going to be hopefully, if George Osbourne and his boss another Multi millionaire, don't derail this increase as previously mentioned on this thread. Happy for all those widows and other pensioners who are receiving much better than Basic State Pensions, obviously not so great for the unfortunate people who invested heavily in Maxwell's mirror pension scheme I would have thought ?? Wouldn't mind betting his chip off the old block sons are doing extremely well these days though...