Reforms to the state pension system announced in the DWP white paper will see a simplified system with a contributory principle to benefit women and carers apply to all people reaching state retirement age from 2010.
From 6 April 2010, the new system will see a reduction in the number of qualifying years needed for a full basic state pension move from 44 for men and 39 for women, to just 30 years for both sexes. Minimum contribution rules for both the basic state pension and the State Second Pension (S2P) will be abolished, meaning people will no longer have to earn over the Lower Earnings Limit to make one qualifying year, neither will they have to have a minimum of 25% of the number of qualifying years needed for the basic state pension, generally nine for women and 10 for men. By removing these c...
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