Pension Example 2015

A man who receives an addition to his retirement pension for his wife where she is under sixty will lose that addition if her income from earnings or a pension from her job exceeds £68.79 .

A man who receives an addition to his retirement pension for a dependent child will lose that addition if his wife has an income from earnings or a pension from her job of £180 or more.

The law which introduced the rule that allowed a woman's pension from her job to be counted in the same way as her earnings was introduced in November 1988.

However, it was found to be faulty and anyone who suffered a deduction under it may be entitled to a refund.

A new law was passed in 2006 to correct the law and enable the Government to count the pension from a job of a married woman in the same way as earnings.

But if you had an addition for a wife deducted because of their pension from their job prior to April 2006, you should write to your local social security office and ask them to check that you were correctly treated. You may well get a refund.

People retire younger and fitter today than they used to. Most people enjoy their leisure and new freedom from the pressure of work.

But many also feel that they still have something to offer and would be glad to earn a little money for giving it. Here we look at the opportunities and problems in part-time or volunteer work.


Read on - Working Before Pension Age

or Social - Unemployment Benefit Is Taxable.

Working Before Pension Age

/retirement/pensions/working-before-pension-age.php... see: Working Before Pension Age