pension

norfolkshops

hello everyone hope you are ok,im on pension credit at this moment in time
just that all i want to know , when i become a pension age how much will i receive.

just need to know i have been ill from 1980 and was claiming income capacity ,then moved over to esa,now i am on pension credit
just like to know how much will i get and i have a wife

thankl you and take care all

norfolkshops

http://www.thisismoney.co.uk/money/pensions/article-2262134/Flat-rate-state-pension-changes-explained-Winners-losers.html

A flat rate weekly pension will be introduced worth £144 (£7,488 a year) in today's money, although after inflation it will probably be worth around £155 by the time it starts in April 2016. The current state pension is £107.45 a week.

Read more: http://www.thisismoney.co.uk/money/pensions/article-2262134/Flat-rate-state-pension-changes-explained-Winners-losers.html#ixzz31DbNfcJ9
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i am 65 in jan 2017 so i think i might be entitle to the above in link thank you all tc

greenglide

You need to get a forecast of your state pension from here https://www.gov.uk/state-pension-statement

If this says you have at least 30 years contributions (including credits from periods of state benefits) then you will get the full Single Tier Pension in 2017.

However this will be offset by the loss of pensions credit for yourself as the Single Tier Pension rate is chosen to be the same as the single PC rate.

If your wife gets pension credit as well (or you claim for her as a dependent) you will probably continue to get that until she reaches State Pension Age.

If she reaches State Pension Age after 5/4/2016 as well then she will get the new rate as well but only if she qualifies as well (30 years by 5/4/2016). If not then she may have been entitled to a Cat B pension (a "married womans" pension based on your contributions) of up to 80% or so of the full amount. From 6/4/2016 this stops but is transitionally protected by a "safeguard amount".

Pension Credit will still exist after 5/4/2016 but new claims will only be for people who do not qualify for the full pension and satisfy the means test.