Pension income – Govt may relax rules on state pensions

by John Doherty on October 5, 2010

The Government is considering encouraging workers in their mid-60s to delay retiring, by letting them draw the full state pension, as well as their wages, from the age of 67.

At present, every pound earned after the first £5 per month of wages is deducted from state pension benefits, through the means-tested pension credits system.

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