Increase in benefits

SAMandCHARLEY

Hello please can someone help me solve this because i am totally baffled, in february i recieved a letter telling me what money i was getting with the rise and they would pay it in on the 8th April and it is state pension and guarantee pension credit, that is what i usually get and today i get another letter saying the state pension will be paid in, no mention of my guarantee pension credit of £50.41, but along with the basic state pension of £116.28 they are giving me a Graduated Retirement Benefit of 56p a week, what is this i never heard of this before and why have they not mentioned my pension credit, does that mean they have stopped that, please help

poppy123456

Hi,

The Graduated Retirement Benefit (GRB) GRB was an early form of earnings-related pension, intended to top-up basic pension. It is based on graduated contributions paid on earnings between 1961 and 1975 and is paid to those people who paid into the graduated pension scheme.

For anything else then you'll need to ring the number on the letter to ask, they will be able to tell you what's happening.

SAMandCHARLEY

but why have they not mentioned it in the letter i got today and what is this 56p retirement money, i never had this before and i have been retired for 9yrs

poppy123456

I'm afraid you'll need to ring them to ask because no one on an internet forum can answer your questions as to why your money from April has changed.

SAMandCHARLEY

ok i will ring them but can you answer me one question if i have guaranteed pension credit can that be stopped any time

Misscleo

Did you get different letters in the 1st place. Cos they dont usually put pension and pension credit in the same letter.
The letters can be weeks apart

poppy123456

SAMandCHARLEY said:

ok i will ring them but can you answer me one question if i have guaranteed pension credit can that be stopped any time

Not unless your circumstances have changed.

SAMandCHARLEY

thank you