State Pension
no longer a requirement for COSRS to pay a GMP. A new quality test for such schemes was introduced and no S2P is payable, but rights earned before that date are protected.
From 6th April 2016 S2P was abolished and the new single tier state pension was introduced and paid to those retiring from that date. This is subject to the recipient not being in contracted- out employment at any time in their contributory record. A graduated retirement benefit is payable to those who paid into the Graduated Pension scheme which ceased on 5th April 1975. Entitlement is based on each unit of Graduated Pension paid (for details see Retirement Pension - Graduated Retirement Benefit below). COPYRIGHT © 2021 THE CHARTERED INSTITUTE OF PAYROLL PROFESSIONALS Basic State Retirement Pension Weekly Rates from 23rd November 1981 Date from Contributory Pension Non-Contributory Pension On own contribution record On husband’s cont’n record (Cat A) On own cont’n record (Cat B) On husband’s cont’n record (Cat C) £ £ £ £ 1981 29.60 17.75 17.75 10.65 1982 32.85 19.70 19.70 11.80
1983
34.05
20.45
20.45
12.25
1984
35.80
21.50
21.50
12.85
1985
38.30
23.00
23.00
13.75
38.70 No printing, copying or reproduction permitted. 23.25 23.25 39.50 23.75 23.75 41.15 24.75 24.75 43.60 26.20 26.20 46.90 28.20 28.20 52.00 31.25 31.25 54.15 32.55 32.55 56.10 33.70 33.70 57.60 34.50 34.50
1986
13.90
1987
14.20
1988
14.80
1989
15.65
1990
16.85
1991
18.70
1992
19.45
1993
20.15
1994
20.65
361
Made with FlippingBook - Online magazine maker