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10% increase to £140 pension now £155

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  • zagfles
    zagfles Posts: 21,551 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    whitesatin wrote: »
    I am one of the people affected by the raising of retirement age. I am due to get my state pension in March 2013 as a result though I am 60 this autumn.

    I understand that this new pension will be for people getting their pension after I am due mine. I was wondering whether if I opt to defer my pension, will I get the new rate or will all that deferrment thing be done away with.

    I really do feel miffed about all of this. I can accept having to wait to get my pension due to people living longer but I have paid 37 years contributions but only needed 30 as it turns out and now I am told I won't be getting the new rate. I am sure I am not alone in this. I won't qualify for any top up benefits in the meantime due to a smallish personal pension.

    I am left wondering whether I should have bothered contributing to my personal pension. I have never claimed benefits of any kind other than child benefit.

    I feel miffed at having to wait till I'm 67 to get my pension. I'd be much better off if I could have my state pension & SERPS at 61 rather than this new pension at 67.
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