Parent Passed before retirement age?

Gally1989

hi guys i assume this is in the right place....

my father passed away two years ago he was 53 and had as far as i am aware completed 30 years of NI contribution's my question is what happens to that money obviousley he never reached retirement age and i just dont know if there is a pot of money somewhere thats waiting to be claimed or if its been passed onto his wife (still alive) and she just does not know.

any information would be greatly appreciated.

Regards.

Gally

atush

Is she state pension age?

She needs to call DWP. She can inherit abt 50% of his State second pension amt at death. And depending on her age, she can be bumped up to a full basic state pension on his contributions.

Go to the age concern website, or have her call DWP.

Did he have any private pensions? Workplace pensions?

cte1111

Your NI contributions don't sit in a pot waiting for you to claim them when you retire. They are effectively part of the tax income for the government at the time. A certain percentage of people are likely to not reach pension age and this is taken into account along the way.

If a widow is left, then if there are gaps in her NI record, she might be able effectively fill these with any years that your Dad worked and she didn't. This will only apply to her own state pension, on whatever date she personally is entitled to claim. If she remarries in the meantime, this entitlement will be lost.
http://www.nidirect.gov.uk/what-happens-to-your-state-pension-when-you-die

xylophone

Your late father's wife is still under state pension age and will not reach state pension age until after 6 4 16 when the new state pension will be introduced?

Is she eligible for a full state pension on her own contributions?

See https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/181235/derived-inherited-entitlement.pdf

https://www.gov.uk/new-state-pension/overview

Is she now over 55? See

https://www.gov.uk/government/news/millions-more-offered-free-pension-statement