Hi everyone,
I've lived abroad for over 20 years, so I'm not as familiar as I should be with the UK pension system. I'm trying to work out how much pension my dad gets. My mum tells me that he gets pension credit of a certain amount. I looked this up online and it said pension credit was a benefit, so I am assuming that his actual pension will be a separate amount of money, so he'll get his pension plus pension credit (i.e. his pension credit doesn't comprise partially of his state pension and partially of a top-up benefit). Is that right? I hope I've explained clearly enough for you to understand what I mean. I've asked mum, but she is hopeless with finances and wasn't able to tell me even after consulting their bankbooks and statements.
Thanks in advance,
LS
I've lived abroad for over 20 years, so I'm not as familiar as I should be with the UK pension system. I'm trying to work out how much pension my dad gets. My mum tells me that he gets pension credit of a certain amount. I looked this up online and it said pension credit was a benefit, so I am assuming that his actual pension will be a separate amount of money, so he'll get his pension plus pension credit (i.e. his pension credit doesn't comprise partially of his state pension and partially of a top-up benefit). Is that right? I hope I've explained clearly enough for you to understand what I mean. I've asked mum, but she is hopeless with finances and wasn't able to tell me even after consulting their bankbooks and statements.
Thanks in advance,
LS