pensions

[joker55]

my husband retires in 2015 when he is 65, but i will only be 59 how much pension will we get?

[trt]

Your husband could retire when he is 60 and get �130.00 a week pension credit and if you are not working about �180.00 joint, as long as you don't have more than �6,000 savings, changing to �10,000 in September 2009.

[joker55]

he will have to retire at 65 ., and have savings over �10000,
but as i dont work wanted to know what we would get,

[barry1010]

State pension age for men is 65 and rising, not decreasing.
Your husband can get a pension forecast.
http://www.thepensionservice.gov.uk/state-pens ion/home.asp

[factor-fiction]

I assume you are talking about state pensions not private pensions.

He will get up to the single-person's rate of old age pension at age 65 if you are only 59 at that point. When you reach retirement age yourself you will either get the couple's pension obetween you or both get your own single person's pension depending on your NI contributions.

I'm not sure where trt gets the info from about pension credit for the husband from age 60. Have you got a link, trt?

[buildersmate]

.......... and your retirement age for receipt of State Pension receipt will be 65, not 60.
The UK is about to enter a transition period (starting April 2010) where the retirement age for women rises from 60 to 65. Your current age means the full extent of the transition up to 65 will have occurred for you.
Thus you will get your own pension at age 65 (if enough NI contributions), or your husband will get married person's rate when you reach 65.

[maclarencat]

Hi I know this is a bit late but My husband is 66 and I am only 57. He gets about �60 per week additional pension for me but I do not work. If you work you will lose pound for pound. So if I earned �30 he would only get �30 for me. We get �185 between us pension but some of this is extra pension because he paid extra in. He has to pay some tax on it as it is above the tax allowance even though some of it is for me. Hope this helps.