In article , Andrew
writes
On 18/11/2017 17:40, tim... wrote:
No it doesn't
It is a pretence by HMG that it does.

If you retire now and have never been contracted out
and have at least 35 years of full rate NI contribs
then you will get £155 a week. In fact you will get a
lot more than £155 because you will also have serps
entitlements and your benefits will be calculated
under the old and the new schemes and the higher
amount paid.

This is the new single tier simplified scheme - which is neither single
tier nor simple.
Only people who have been substantially contracted-out
will get somewhere between £119 and £155.



--
bert