The death of a spouse or civil partner is one of the most stressful events anyone can go through in their lifetime and can be a serious financial blow, especially to those in their later years. The Government’s state pension is designed to help keep the older generations afloat in their retirement, with £179.60 per week available to those who receive the full payment.
State Pension become available to you when you reach the Government’s official retirement age.
To cut costs, the official retirement age in the UK is being gradually raised.
Since last year it has increased to 66 for men and women, then it will rise to 67 by 2029, with a further rise to 68 due between 2037 and 2039.
You can only start receiving your State Pension when you reach State Pension age.
The amount of State Pension you get depends on how long you’ve been paying National Insurance or getting National Insurance credits.
You need a minimum of ten years on your NI record to claim anything at all – and this can be built up through working, if you care for someone who is sick or has a disability, or if you are raising a family.
What are bereavement payments?
Your spouse or civil partner may also be able to claim Bereavement Support Payment in the event that you die.
This is made up of a lump sum followed by 12 monthly payments.
The amount of benefit you receive is linked to whether you have dependent children and the National Insurance Contribution record of the partner who has died.