Many women to "win full pension right" in UK

by Dave Keating | October 24, 2008 at 12:12 am

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Reports are circulating that the UK government will today announce that they will change the pension laws to allow women who did not work for the minimum 39 years to receive national insurance benefits. In the UK, national insurance is the equivalent od social security in the US.

More than half a million women are to win rights to receive a full state pension, newspapers reported on Friday.

Many women, such as those who gave up work to raise children or care for relatives, miss out on the full pension, currently 87.30 pounds a week, because they have not paid enough National Insurance (NI).

The Daily Mail said currently only about a third of women at retirement age were eligible for the whole amount because they had not contributed to NI for the minimum 39 years.

However, Work and Pensions Secretary James Purnell will announce on Friday that amendments will be made to the new Pensions Bill to allow women to buy more missing years of NI contributions.