Dec 6, 2017

Military wives 'missing out' on up to £30,000 of pension

Wives or partners of those who have served abroad in the armed forces may be missing out on pension payments worth thousands of pounds. Last year the government launched a scheme to offer National Insurance Credits to 20,000 military spouses. "This is a very good scheme to recognise the service of military wives over the years, but the take-up so far has been very poor," said Steve Webb, director of policy at Royal London. Spouses are not granted the National Insurance Credits automatically. Such credits are important, as only those who have 35 years of NI payments qualify for the full State Pension.

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