What will happen to my state 2nd pension when the new state pension comes in?

1 min read Published: 30 Jan 2013

Get an answer to your financial question online Reader Question:

Do I read correctly that those of us who are on the state pension and serps 2nd pension now will still carry on after the new state pension comes, in 2017, as there has been no clear cut statement to that affect?

thanks, John

My Response:

As the proposals currently stand those who retire before 2017, when the the new flat rate state pension is scheduled to come in, will carry on receiving their state pension based on current proposals. So that means that some people will be better off, as they currently receive more than the proposed flat rate of £144 a week. But those who currently receive less than this amount will continue to do so.

I hope that helps

Best Wishes

Damien

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  1. Thank You DAMIEN, For Your promt answer to My Question on State Pension & S ERPS 2017. Have now thought further into THIS situation and wonder if any thing was said about Ones SERPS being payed to to YOUR Spose UNTILL She dies . I told My Son Kevin about Your Site, He now follows You on Face Book.
    Yours Truly,
    JOHN.

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