State Pension
| Basic state pension: |
2008/09 |
2007/08 |
| Single person: |
|
|
| Weekly |
£90.70 |
£87.30 |
| Four weekly |
£362.80 |
£349.20 |
| Annual |
£4,716.40 |
£4,539.60 |
| Married Couple: |
|
|
| Weekly |
£145.05 |
£139.60 |
| Four weekly |
£580.20 |
£558.20 |
| Annual |
£7,542.60 |
£7,259.20 |
| Winter fuel allowance (non taxable) |
£200 |
£200 |
| One off payment: |
|
|
| Over 60s household |
£50 |
n/a |
| Over 80s household |
£100 |
n/a |
| Lump sum deferred benefit option (see note) |
|
|
| Single person: |
|
|
| One year |
£5,000 |
£4,800 |
| Three years |
£16,800 |
£16,100 |
| Five years |
£31,000 |
£29,800 |
| Married couple: |
8,000 |
7,700 |
| One year |
£8,000 |
£7,700 |
| Three years |
£26,800 |
£25,800 |
| Five years |
£49,500 |
£47,600 |
Note: The above examples are approximate and assume an annual increase in state pension of 3.5% and an interest rate of 7%.
