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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

AIBU to not know about state pension?

162 replies

1FineDane · 05/09/2019 19:09

Say you moved to the UK aged 50 and you hit retirement age. Are you then entitled to full state pension or is it proportional to what you've paid into the pot/pro rata per year spent paying in?

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1FineDane · 06/09/2019 18:40

That's why I was asking the question Fabreze. It was just a question.

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bananasandwicheseveryday · 06/09/2019 19:07

For those asking about pensions for our parents and grandparents - although the idea of a state retirement pension started in the early 1900's, the pension system we know was really born after the second world war. Men paid the national insurance contribution, as now, who h allowed them to access unemployment benefits, sickness benefits and retirement pensions at a fixed rate. Single women paid the same. Married women had a choice - they could pay full NI, giving them access to the same benefits as men, or 'married woman's NI', which allowed them to build up a pension, but not other benefits. Women who did not work, could claim a pension from their husbands NI contributions, but only once he had reached pension age and it was a much lower rate. For women who had paid some NI, but not enough for a full pension, they got the higher amount of either their own pension, or what they would have got from their husband's contribution. The married women's NI ceased in the early 1970's, though women who were already paying at that rate, were allowed to continue if they wished. At the time my grandparents married, many employers would not employ married women although ww2 changed that somewhat. Equally, my mum was expected to stop work when I was born, there was no compunction on employers to keep jobs available or pay maternity leave like now. Once things like supplementary benefit came in, retired people could apply for this to top up their pension - it was means tested and was supposed to ensure a basic standard of living.
I imagine that pension credit works similarly?

Also, as some have already said, state pension is dependant on contributions being paid, not the amount of those contributions, so even a part time worker can earn a full pension. My own state pension ( as checked last week) will be almost the same as I currently earn!

AccioCats · 06/09/2019 19:17

1FineDane- on a serious note, the state pension is pretty crap. Obviously you’re not going to starve, but many elderly people live a pretty meagre existence, worrying about putting the heating on etc
Sometimes people think you can live more frugally when you’re older but in some ways it’s the opposite... you’re home all day so want the heating on, you want entertainment and many people still want to be able to do trips to visit friends, meet for a meal etc
The state pension is absolutely not going to get any better that’s for sure- it’ll go the other way and the age threshold will rise and NI contributions increase.
Although there are various ways to contribute to your state pension it’s no substitute for having your own pension too, preferably one where your employer is putting in a good rate

fedup21 · 06/09/2019 19:33

If a married couple both get a state pension, is it (for example) £160 each?

AccioCats · 06/09/2019 19:46

There’s no ‘married couples’ pension- each individual qualifies for their own

AdaColeman · 06/09/2019 19:49

Though for some elements a couple are assessed as a single household, for example they would only be entitled to one Winter Heating Allowance.

1FineDane · 06/09/2019 20:38

Anyway, don't worry, it's more likely I'll return to Ireland to retire (despite LOVING London). Such is life.

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1FineDane · 06/09/2019 20:58

This is a good song.

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Myimaginarycathasfleas · 06/09/2019 21:03

OP, go to a Citizen's Advice Bureau. They will look at your individual circumstances and point you in the right direction.

Everybody's pension is subject to their particular circumstances, how many NI contributions they have made, the year they were born, whether they were a carer for any of that time and therefore qualify for credits.

If you don't qualify for a full state pension, you might well be entitled to other benefits to top up your total income.

It's far too complicated for anyone to answer here.

PookieDo · 06/09/2019 21:18

OP the UK only has one government, I don’t understand what would be hard to google ‘government website’ it would be the first hit 😂

1FineDane · 06/09/2019 22:09

Oh @pookiedo what wise words. Thanks for sharing.

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EleanorReally · 07/09/2019 09:20

thanks for the thread, if we all just googled there would be less mumsnet,

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