We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

this year or next year.

2»

Comments

  • iambruce
    iambruce Posts: 18
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    If I ask for a state pension statement would this include any serps/graduated or would i just get the statement advising the basic weekly pension?
  • jamesd
    jamesd Posts: 26,103
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    edited 5 July 2014 at 6:54PM
    It would normally include both Additional (from SERPS and/or S2P) and Graduated.

    It's not uncommon for workplace pensions to offer the option to take a higher income until reaching state pension age, then drop back. It's to help provide a more even income over that period. A boost for a few years, then falling back to a bit below the unboosted level to cover the cost of providing the boost. If an unboosted option was available it'd start later and pay a bit more than the ongoing one, less by a lot than the temporary boost.
  • iambruce
    iambruce Posts: 18
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    all the above info greatly appreciated, will contact state pension office and request a forecast.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.