Those who have contributed to the state pension will be able to claim this payment as soon as they reach retirement age. Depending on the date of birth of the retiree, he will receive either the basic pension or the new state pension. In addition to this weekly payment, someRead More →
The rules change around the pension credit. Photo: Shutterstock. The Department for Work and Pensions (DWP) is making significant changes to pension credit, which could mean retirees with younger partners can no longer receive the money. This could make some couples worse off by up to £140 a week. RegisterRead More →
“We are the tip of the spear,” Dilly said. Sen. Joe Manchin, D-West Virginia, introduced a bill that would transfer excess money from the Abandoned Mining Lands fund to consolidate the pension. Sen. Sherrod Brown, D-Ohio, co-sponsored the bill. At a press conference calling for the bill to pass, ManchinRead More →
The pension credit was introduced in 2003 to financially help Britons reach retirement age. The plan is income-linked and helps low-income people with additional payments. But many don’t realize how much they’re entitled to, and with the upcoming changes to pension credit, you might be missing out. What is theRead More →
The state pension is something that many people rely on in their later years. There are two types of state pension, the basic and the new, and the one to which you are entitled depends on your date of birth. The amount you receive depends on a number of factors,Read More →
Those who have contributed to their state pension will be able to claim the basic pension or the new state pension when they reach retirement age. A man born before or after April 6, 1951 or a woman born on or after April 6, 1953 can claim the new stateRead More →