Having come late into my stepfather's life as carer, I don't know the history of his financial affairs. Today he has received a letter from the Pension Service advising of General Increases in Benefits.
He can't remember what the following terms mean, and I'm not yet at pension age - can anyone please advise?
Pre 97 additional State Pension
(I know this used to be called SERPS, but why Pre 97)
Post 97 additional State Pension (ditto)
Graduated Retirement Benefit.
I can't find any info which doesn't just quote the Pensions Service booklet.
Many thanks if you can assist.