What was the UK state pension in 2010?
What was the UK state pension in 2010?
Basic State Pension
| Single Person | Married Couple | |
|---|---|---|
| Date effective | per week | per week |
| April 2012 | £107.45 | £171.85 |
| April 2011 | £102.15 | £163.35 |
| April 2010 | £97.65 | £156.15 |
How much is the old state pension UK?
The full basic State Pension is £137.60 per week. You can get more State Pension if: you are eligible for Additional State Pension.
When was the UK state pension introduced?
1908
The first state pension in the UK was the Old Age Pension. The law was passed in August 1908 and the first pensions paid on 1 January 1909 to around 500,000 people aged 70 or more.
How much is State Pension for a married woman?
Many married women are entitled to a basic state pension at 60 per cent of the full rate because of their husband’s record of National Insurance (NI) Contributions in circumstances where their own record of NI Contributions would provide a lower pension.
What is the new flat rate State Pension?
For 2020/2021 the old state pension pays £134.25 basic plus an average of £40 additional pension (sometimes known as “state second pension”) per week. The new state pension pays a flat rate of £175.20 plus any ‘protected payments’. To get this full amount though you’ll need 35 years of NI contributions.
What is the history of the state pension in the UK?
This Briefing Note describes state pension provision in the United Kingdom from the inception of the basic state pension in 1948, following the Beveridge Report, to Pensions Act 2007 and the plans of the Conservative/Liberal Democrat coalition government.
What are the changes to the state pension in 2010?
Major changes to the state retirement pension take affect from April 2010 including: a phased increase in the state pension age; a reduction in the national insurance (NI) requirements and new credits for parents and carers; the abolition of adult dependency increases;
What is the pension age for women in the UK?
Women born after 6 April 1955 will have the same pension age as men. The pension age for men and women will be 65 until April 2024, when there will be a further increase to 68 between 2024 and 2046. This will affect people born from 6 April 1959.
Does the UK state pension system reduce poverty at old age?
Recent reforms have tilted the system further in the direction of a universal flat-rate benefit, abandoning any social insurance design. This confirms that the main objective of the UK state pension system is to reduce poverty at old age.
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