UK Pension - amount
May 7th 2018, 11:41 pm
#16
Joined: Feb 2012
Location: Not in Paris
Posts: 18,193
Re: UK Pension - amount
So the fact my mum and my brother get $145 is some sort of 'grandfathering' of rates? Do you mean, a person retiring tomorrow would only get 125.95? But hold on ... my brother said he WILL get 145 next year, his first year of eligibility (he's just turning 65) ... so shouldn't he be getting only 125, based on your info?
What is interesting is that in the US, the rate is affected by how much you've paid in (not just the minimum number of years, but actual amounts). My Social Security is currently predicted to be $2,800/mo at 66 based on the fact I've paid in a fair amount. That's a healthy number compared to the UK equivalent.
What is interesting is that in the US, the rate is affected by how much you've paid in (not just the minimum number of years, but actual amounts). My Social Security is currently predicted to be $2,800/mo at 66 based on the fact I've paid in a fair amount. That's a healthy number compared to the UK equivalent.
https://www.gov.uk/new-state-pension/what-youll-get
May 8th 2018, 6:30 am
#17
BE Forum Addict
Joined: Nov 2007
Location: Beautiful Dorset, UK
Posts: 2,195
Re: UK Pension - amount
I'm over in the UK at the moment, visiting my 89 year old mum and making sure everything is ok with her. While going over her general needs, she shared with me her 'pension' situation. Apparently she gets about 145 pounds a week (628 pounds / mo) from the state. Talking to my brother, he also gets a pension of about 145 pounds. So the situation seems to be, the state pension is a fixed amount for everyone, give-or-take a few quid for being over 80, and so on. Is that true?
