When will I receive inherited SERPS?
|Retirement | State Pension
Asked by Sunshine53, submitted
09 April 2012.
I am entitled to an Inherited SERPS payment from my late husband. At what age do I start to receive this please? I was Born Late 1953.
Answered by Justin on 09 August 2012
You'll receive your late husband's SERPS at the same time your state pension commences. Given you were born after 6 April 1953 you'll unfortunately fall into the increased women's retirement age of somewhere between 64 and 66, depending on your exact date of birth. The Pension Advisory Service has a useful calculator.
Note: you'll lose your eligibility to inherited SERPS if you re-marry.
The proportion of the inherited SERPs you'll receive depends on when your late husband was born, as per the following table:
|Late husband born||Your entitlement|
|5 October 1937 or before||100%|
|Between 6 October 1937 and 5 October 1939||90%|
|Between 6 October 1939 and 5 October 1941||80%|
|Between 6 October 1941 and 5 October 1943 ||70%|
|Between 6 October 1943 and 5 October 1945 ||60%|
|6 October 1945 and after||50%|
There is a limit of overall weekly state pension you can receive of £161.94 (2012/13), including your own extra pension (SERPS/S2P) if applicable, as well as the inherited SERPS.
I'd suggest contacting the state pension forecast service (details here) on 0191 218 3600 to get confirmation of exactly how much you're due to receive.
Hope this helps.
Please note this answer does not constitute a recommendation or financial advice and should not be relied upon when making specific
investment or other financial decisions. You should always undertake your own research into whether a product or service is appropriate for your needs and, if
necessary, use a qualified professional adviser.
If you found this answer helpful, please add your vote by clicking here
Readers' Comments (0) - To post a comment please register or login