Timeline of pensions in the United Kingdom
From Wikipedia, the free encyclopedia
- Widows’, Orphans’ and Old Age Contributory Pensions Act introduced to provide the first contributory state pension scheme, funded by contributions from both the employee and employer.
- Old Age and Widows’ Pension Act introduced that broadened the benefits available to women.
- National Insurance Act 1946 introduced a universal contributory state pension, funded by National Insurance contributions from workers.
- 6 April - Minimum funding requirement starts
- 5 April - End of State Earnings-Related Pension Scheme scheme
- 6 April - Start of State second pension
- 25 June - START of State Pension Credit Act
- 6 April - Pension simplification "A-Day"
- 6 April - State Pension age starts to increase from 60 to 65 for women.
- Personal Accounts begin to be phased in.
- 6 April - State Pension age equalised at 65 for men and women.