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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Government Pension after Divorce
Comments
-
Editor wrote:BTW to buy the basic state pension of 82 quid a week index-linked would cost 92,000 pounds for a woman of 65 on the open market.
So it's jolly well worth having then, isn't it! I made the right decision way back, didn't I?
No, SRP can't be left to your descendants (although SERPS, or some of it, can be bequeathed to a spouse). I have difficulty in comprehending why some people's decision-making is so coloured by whether or not they can leave it to someone else. I would have thought that a woman in her 50s, on her own, would want to maximise her own pension provision for her own comfort and independence - after all she could live another half-century!
Think about yourself first, Aunty Jean, then worry about your daughter.
Aunty Margaret[FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
Before I found wisdom, I became old.0 -
aunty jean would never be able to get over 60%,
15 possible qualifying yrs to go + possible 2 yrs before marrige = 17 yrs out of 44yrs or 39% basic state pension, 27 yrs are needed for 60%.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
But what about S2P?Trying to keep it simple...
0 -
What is S2P?
Will I no longer be eligable to pay Married Women's stamp after my divorce?There is always light within the dark0 -
S2P is state second pension, its the new name for Additional Pension, its based ,generally speaking, on earnings and some benefits.
Once the divorce is finalised you are no longer eligible to pay reduced rate National Insurance, you will have to start paying full rate, which actually gives you better benfits. Although it wont, because of your circumstances, increase your own Basic State Pension if you stay married , it will however give you more State Second Pension.
If you do get divorced , every extra qualifying year can help you get to the 100% using your and your (ex)husbands NI records.
As soon as possible contact State Pension Forecasting and get a forecast, ask for a 'married about to be divorced' forecast and it will give an estimate of your pension as a married person and that as a divorced personI no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
CIS wrote:As soon as possible contact State Pension Forecasting and get a forecast, ask for a 'married about to be divorced' forecast and it will give an estimate of your pension as a married person and that as a divorced person
Managed to do the standard pension forecast but do not remember my hubbies NI No. to get the What If I Get Divorced one.There is always light within the dark0 -
It should allow to you straight in and vie wyour forecast details after asking a few details. Its possible that the online sytsem has gone down, if its a problem then try and contact the helpdesk. I wouild check but I've
forgotten my pin number.
eservicehelpdesk@dwp.gsi.gov.uk
Is this the link you are uisng to access it ?
https://secure.thepensionservice.gov.uk/statepensionforecast/I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
Managed to find the link (thank you), but site down until this evening.
Good news is I managed to find my ex's NI No.There is always light within the dark0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards