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Pensions: Females

Volume 472: debated on Wednesday 20 February 2008

To ask the Secretary of State for Work and Pensions what estimated weekly rate of basic pension will be payable in 2010-11 to (a) a woman reaching age 60 years on 6 April 2010 with a contribution record of (i) 10, (ii) 15, (iii) 20, (iv) 25, (v) 30, (vi) 35 and (vii) 39 qualifying years and (b) a woman one day younger with a similar contribution record. (171794)

The estimated weekly rates of basic state pension payable in 2010-11, to a woman reaching state pension age on 6 April 2010 with a contribution record of (i) 10, (ii) 15, (iii) 20, (iv) 25, (v) 30, (vi) 35 and (vii) 39 qualifying years are shown in the following table. A woman one day (or more) younger will receive the same amounts. The number of qualifying years required for a full basic state pension for anyone reaching state pension age on or after 6 April 2010 is 30 years.

Number of qualifying years

Estimated weekly rate of basic state pension payable in 2010-11 , for a woman reaching state pension age on or after 6 April 2010 (£)

(i) 10

31.90

(ii) 15

47.85

(iii) 20

63.80

(iv) 25

79.75

(v) 30

95.70

(vi) 35

95.70

(vii) 39

95.70

Notes:

1. For a woman reaching state pension age on 6 April 2010, qualifying years may be comprised of contributions and/or credits including home responsibilities protection. For these women, each complete year of home responsibilities protection awarded under the existing rules will be converted into a qualifying year for basic state pension.

2. We have uprated the current level of basic state pension by the Retail Prices Index, using Treasury economic assumptions. The level of basic state pension, in 2010-11, is forecast to be £95.70 per week.

3. Estimated weekly amounts are presented rounded to the nearest 5p.

Source:

DWP Modelling