Confusion Over Pension

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  • Shakin_Steve
    Shakin_Steve Posts: 2,712 Forumite
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    Brynsam wrote: »
    A lot of your contributions will be pre-2016, so the whole 40 years won't count under the new state pension system. Possibly when the website has updated to include your 2017/18 contributions the weekly figures will tally.

    https://www.gov.uk/new-state-pension/how-its-calculated

    All of you NI contributions count towards your state pension, it says so in your link.
    I came into this world with nothing and I've got most of it left.
  • Shakin_Steve
    Shakin_Steve Posts: 2,712 Forumite
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    That is very spooky! I closed down MSE, went upstairs, heard the postman, came down and my award notice is here!
    I came into this world with nothing and I've got most of it left.
  • Jack_Itin
    Jack_Itin Posts: 340 Forumite
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    I was contracted out for quite a few years, hence the £152.50 figure, several friends that were never contracted out will get the full NSP......I originally thought that this was unfair, but then realized that they have no private pension income.....mine is about £600 a month, so no complaints here......
    Retired (Early) April 2015
  • Silvertabby
    Silvertabby Posts: 9,097 Forumite
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    Jack_Itin wrote: »
    I was contracted out for quite a few years, hence the £152.50 figure, several friends that were never contracted out will get the full NSP......I originally thought that this was unfair, but then realized that they have no private pension income.....mine is about £600 a month, so no complaints here......

    Mr S will get £151 plus some shrapnel in 2 weeks time. That's on top of his 29 year RAF pension and 10 year Civil Service pension, so certainly no complaints here either!
  • Shakin_Steve
    Shakin_Steve Posts: 2,712 Forumite
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    You two don't need your pensions, you should give it to charity. :D

    I'll bet you've even got bus passes you'll never use. I have :rotfl:
    I came into this world with nothing and I've got most of it left.
  • Silvertabby
    Silvertabby Posts: 9,097 Forumite
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    Shakin_Steve wrote: »
    You two don't need your pensions, you should give it to charity. :D

    I'll bet you've even got bus passes you'll never use. I have :rotfl:

    Mr S could have claimed his bus pass at 63+ (pension credit age) - but hasn't. He's also been able to claim winter fuel allowance for the same reason - but if it makes you feel any better, we gave £100 each to family members who needed it more than we did.
  • Westy68
    Westy68 Posts: 2 Newbie
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    I'm not sure if this is the right place for this but would like some thoughts/opinions on whether it is worth combining all my existing frozen pensions into one pot or to better keep them separate
    Many thanks in advance for your help
  • xylophone
    xylophone Posts: 44,607 Forumite
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    all my existing frozen pensions

    Deferred rather than frozen?

    What kind of pensions are these?

    https://www.moneyadviceservice.org.uk/en/categories/types-of-pensions
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