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Under the new single-tier state pension, there will be winners, losers and those in between.
Single-tier state pension to be introduced – estimated to be £140.
This is a superficially attractive headline policy, however extending means-testing would undermine the principles of the new single-tier state pension.
From April 2016 new pensioners would get a single-tier state pension worth £160 a week - £1.10 a week more than the rate planned for rUK.
Because of the way in which the pension gender equalisation has been introduced, they will not qualify for the new single-tier state pension.
The Treasury chief secretary plans to use a question-and-answer session at the Liberal Democrat conference in Brighton to insist that the government goes ahead with both the Dilnot reforms and a single-tier state pension, according to officials.
Similar(44)
This will introduce a single-tier state-pension system, replacing the current basic state pension and earnings-related top-up.
A single tier state pension will be introduced.
His argument is that the government is providing a basic income through the single tier state pension (set to be £150 a week or so and starting next year), and a lot of people will have income from final-salary pensions or savings on top.
As a result of the decision to introduce a single-tier national state pension, the complicated system of "contracting out" will end.
Originally a single-tier stand, a further revamp, which was completed in 1998, gave the stand a second-tier providing additional seating.
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