If entitled, you can get basic State Pension when you reach State Pension age: 65 for men and 60 for women (rising from 2010 to 65 for women by 2020).
You qualify by building up enough 'qualifying years' before State Pension age
A qualifying year is a tax year in which you have sufficient earnings upon which you have paid, are treated as having paid or have been credited with, NICs.
In 2006-2007, you need to have £4,368 or more of such earnings if you are an employee or £4,465 or more if you are self-employed.
The number of qualifying years you normally need for a full basic State Pension is equal to about 90 per cent of your working life: calculated from the start of the tax year in which you reach 16 to the end of the tax year before the one in which you reach State Pension age.
If you've not paid enough NICs because you've been looking after children or caring for someone long-term, the number of qualifying years you need to qualify for the the basic State Pension will be reduced. This is known as 'Home Responsibilities Protection'
In 2006-2007, the full basic State Pension is £84.25 per week, but your individual circumstances may affect the amount you get.
A State Pension forecast will tell you the current value of your State Pension and the amount you may get at State Pension age.
If you don't qualify for the full basic State Pension, but have 25 per cent or more of the qualifying years, you'll get a weekly basic State Pension between the minimum (£21.06 in 2006-2007) and the maximum (£84.25 in 2006-2007).
If you have fewer than 25 per cent of the qualifying years, you're not normally entitled to receive any basic State Pension. But you can get a 'non-contributory' or 'Over 80 Pension' if you're aged 80 or more and meet the residency conditions. This is £50.50 a week for 2006-2007.
If you're aged 60 or over and living in Great Britain, the government's Pension Credit could top up your weekly income to a guaranteed minimum of:
£114.05 if you're single
£174.05 if you're a couple
If your income in retirement is less than this, you can get top up payments to bring you up to the guaranteed level.
You may also be entitled to other income-related benefits including:
Council Tax Benefit
Housing Benefit
Cold Weather Payment
help with funeral costs
help with health costs
hope this helps
2007-03-15 06:42:58
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answer #1
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answered by babyonlyne 3
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This temporary program, which Obamacare promoters cited as a success, is just an excuse to tax and spend, there never was any real "fund" just a figure on a piece of paper, the money goes out of teh general budget every year, now it's broke. On top of that all the public union funds that are broke too. People used to be able to sell wood, food, poultry, milk etc. but when FDR got the government into all that what many elderly or handicapped people did on their own to support themselves was cut off, local taxes went up when the federal government ran short of cash and they were forced out of their homes. Today, government is still forcing jobs overseas with regulations and taxes, and still can't figure out why government can't produce real jobs or GDP growth, and unemployement (the real number) continues to grow, as is the number of Americans living in poverty, while dems say we need more immigration and spending as the solution.
2016-03-16 21:04:30
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answer #2
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answered by ? 4
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It will depend on her circumstances but I believe £120 a week is standard. Age does not enter into it other than TV licence is free from 75 yrs.
2007-03-15 04:59:52
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answer #3
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answered by SYJ 5
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Not enough to pay your council tax.....About 5s4d, in old money
2007-03-15 04:59:30
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answer #4
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answered by Anonymous
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