Women set to miss up to £10,400 in pension rule changes

Laura Miller
clock • 1 min read

Around 110,000 women could miss out on thousands of pounds in retirement because they were born just a day too early to benefit from pension rule changes, Liberal Democrat research suggests.

From 6 April, both men and women will need to make 30 years of National Insurance (NI) payments to be eligible for the full state pension. Under the changes, a woman who has fully paid up NI contributions and turns 60 on 6 April would be entitled to a full state pension, but a woman born a day earlier who has worked just as long would get just three quarters of this - around £75 a week in 2010-11. According to the Lib Dems this could mean women retiring before the 6 April 2010 cut off could miss out on as much as £10,400 over the next decade. Liberal Democrat shadow work and pensio...

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