State pension question
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Radcliffe64
Posts: 2 Newbie
Hi
This is my first post and alas it's a question
My wife has a state pension in her own right of about £90 a week. In a few months I will be getting my state pension which amounts to about £144 per week. This totals to around £234 per week in total.
Someone mentioned at work today that we won't get that amount as a married couples pensions are a maximum of £226 a week. Is this correct and if so do they take off money from my pension or my wife's? The reason I ask that is I will have a private pension as well and will unfortunately pay a small amount of tax on it.
I have done a search for this but can't find anything so I would appreciate any help.
Thanks
Ken
This is my first post and alas it's a question
My wife has a state pension in her own right of about £90 a week. In a few months I will be getting my state pension which amounts to about £144 per week. This totals to around £234 per week in total.
Someone mentioned at work today that we won't get that amount as a married couples pensions are a maximum of £226 a week. Is this correct and if so do they take off money from my pension or my wife's? The reason I ask that is I will have a private pension as well and will unfortunately pay a small amount of tax on it.
I have done a search for this but can't find anything so I would appreciate any help.
Thanks
Ken
0
Comments
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http://www.which.co.uk/money/retirement/guides/state-pension-explained/how-much-state-pension-will-i-get/
Have a look at this.
http://www.ageuk.org.uk/Documents/EN-GB/Factsheets/FS19_State_Pension_fcs.pdf?dtrk=true
Or this has more detailFew people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
Radcliffe64 wrote: »Someone mentioned at work today that we won't get that amount as a married couples pensions are a maximum of £226 a week.
I think they've got mixed up with Pension Credit. If a couple (of the right age) have an income of less than £226.50, they can claim PC to bring their income up to that level.
https://www.gov.uk/pension-credit/overview
No-one has money taken away from them when they are claiming SP based on their NI contributions.0 -
Think whoever it was had a confusion with the pension credit guarantee which is set at £226.50 for couples, which is the level to 'top up' to, not the most you can get. (As above - posted whilst I was doing this.)
What you each get depends on your individual NI record. The maximum currently is £280.50 a week each, achievable on an optimum NI record, plus any grad from 1961-75.0 -
Thanks everyone for your help in this. I can now see where he was getting confused and tomorrow I can tell him as he thinks it's going to effect him as well.
I must admit you have certainly put my mind at rest :T
Thanks again
Ken0
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