Sentences with phrase «single tier pension»

State Pensions A scheme is to be introduced to allow current pensioners, and those who reach State Pension age before the introduction of the new single tier pension in April 2016, an option to top up their Additional State Pension record through a new class of voluntary National Insurance contributions, to be known as Class 3A.

The new single tier pensions is being brought forward to 2016, he announces.

Not exact matches

After the «granny tax» in March's Budget, legislation is also expected to be introduced which will establish a single - tier pensions system - making many better off.

A new single - tier pension system is being introduced in April 2016.

The Pensions Act 2014 legislated for a new single - tier state pension system from 6 April 2016 and contains provisions for regular reviews of the state pension age.

Pending legislation would create a single - tier state pension.