graduated pension

You can only get a graduated pension based on your own personal contributions.

She may also get half of any of his graduated pension.

In 1959 the Conservatives introduced a very limited graduated pension scheme.

Graduated pension is increased annually in the same way as the basic pension.

Anyone over 18 and earning more than £9 a week at that time will probably be entitled to a small graduated pension.

It is also known as graduated pension.

The original Conservative proposal had been to unload all secondary or graduated pensions on to the private sector.

Graduated pension typically pays a small amount (£1 or so per week) to those entitled to it.

In 1989, 70% of pensioners received a graduated pension, with the average amount being £1.38.

Graduated pensions were introduced in the UK.

Known as the Boyd-Carpenter scheme, employees made graduated contributions towards a graduated pension.

Your total pension can come from three main sources: the basic pension, the additional pension and the graduated pension.

Graduated retirement benefit - this depends on the graduated National Insurance contributions paid by employees when the graduated pension scheme existed (1961 to 1975).

A widow or widower whose spouse dies when they are both over pension age can inherit half of the graduated pension based on their late spouse's contributions.

If you are married and not entitled to a basic pension on your own contributions, you can still claim the graduated pension, even if your husband has not yet retired.

But she may be liable for some tax, if, in addition to the basic retirement pension, she is getting a graduated pension, or an additional pension for working past retirement age.

If you plan to defer your pension, you should also defer any graduated pension to which you may be entitled - or you risk losing the increases you would otherwise obtain.

It was not properly inflation proofed, but anyone who paid national insurance contributions, even at the reduced rate, during that period will have a right to some graduated pension, however small, or to an equivalent amount from an employer's scheme.

In addition to the state pension, people may receive a graduated pension based on earnings between 1961 and 1975 and/or an additional state earnings related pension (SERPS) if they have worked after 1978.

Many employers 'contracted out' of the Graduated Pension Scheme and agreed to pay at least the same amount as their employees would have received from the State under the graduated scheme, from their own occupational scheme.

If a wife who formerly worked is over 60 and retired but cannot yet get a basic pension on either her own or her husband's contributions, she may be able to qualify for an additional or graduated pension based on her own contributions.

You will also receive half your husband's graduated pension and all of his additional pension if he contributed to SERPS, so long as this would not take your pension above the maximum you could have had if you had been earning at the upper earnings limit throughout.