Divorce and married woman's state pension

xylophone

Is this all about to change - no "derived pension" based on spouse's contribution after the flat rate pension is introduced ?2016 ?

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/181235/derived-inherited-entitlement.pdf
http://www.ageuk.org.uk/money-matters/pensions/what-the-new-state-pension-reforms-mean-for-you/

"A single-tier, flat-rate State Pension. This will replace the basic and additional pensions for people reaching State Pension age from 6 April 2016 onwards."

margaretclare

On the first page of the government document linked above they put it in words of one syllable: "A key aspect of the proposals is that the single-tier pension should be based on individual qualification, without the facility to inherit or derive entitlement to the State Pension from a spouse or civil partner."

xylophone

On the first page of the government document linked above they put it in words of one syllable: "A key aspect of the proposals is that the single-tier pension should be based on individual qualification, without the facility to inherit or derive entitlement to the State Pension from a spouse or civil partner."

Yes but there are transitional arrangements - see first link in 12.

margaretclare

xylophone wrote: »

Yes but there are transitional arrangements - see first link in 12.

This is all explained very clearly and the historical background is set out in detail. Scenario 4 para 50 onwards, page 17 describes what happens to married women who made the lower contribution option, called the RRE (reduced rate election).

I'm fascinated by all this because this is history that I've lived through and, in fact, have been involved in a tiny way in these changes having come about. In the year 2000 less than 20% of women were receiving Category A retirement pension in their own right but this increased to over 70% in 2011.

SallyG

About S2P/SERPS/ 2nd State Pension - it is shareable on divorce and unlike the basic state pension cannot be "shared" after divorce on a derived pension basis.