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Definition of 'Basic' State Pension
whydotheydothat
Posts: 11 Forumite
In a recent article we are advised to check a wife's State Pension, to see if it's less the 60% of the husband's "Basic".
I assume that basic means strictly the initial figure excluding any additional State Pension (i.e. SERPS)?
Many thanks
Dave
I assume that basic means strictly the initial figure excluding any additional State Pension (i.e. SERPS)?
Many thanks
Dave
0
Comments
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Basic state pension is indeed just that - the amount payable excluding any State Additional Pension (SERPS or State Second Pension).0
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My understanding (which could be wrong) is that 'basic' state pension refers to the standard amount paid to people who reached SPA under the old scheme (i.e. prior to 6/4/2016) - currently £134.25 a week
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In a recent article we are advised to check a wife's State Pension, to see if it's less the 60% of the husband's "Basic".
I assume that basic means strictly the initial figure excluding any additional State Pension (i.e. SERPS)?https://www.gov.uk/state-pension
for an explanation of claiming on a spouse's contributions under the old and new systems.
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Thanks to everyone who responded..
That has confirmed my assumption.
Cheers
Dave1
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