News you can trust since 1849
NationalWorldTV
BREAKING
Love Island bombshell stirs up trouble as he splits first couple
PJ Harvery announces UK tour dates for autumn 2023
Pope Francis to undergo abdominal surgery in Rome
Boy, 14, dies at school following ‘isolated incident’
Wegovy: What is the weight loss jab which GPs will offer on NHS
Tributes to motorcycle rider who died in crash at Isle of Man TT

BENEFITS EXPERT: Reduced Earnings Allowance changes explained once you reach pension age

Q. I am approaching state pension age soon and have received my pension forecast. I currently receive Reduced Earnings Allowance as I have vibration White Finger. I have been informed that once I reach pension age then my Reduced Earnings Allowance will decrease in value. Is this correct and if so why.
By Lance Fugle
Published 27th May 2022, 16:00 BST- 1 min read
If you are not working then Reduced Earnings Allowance becomes Retirement Allowance, will either be 25% of your current Reduced Earnings Allowance or £18.86/week, whichever of these two figures is the lowest.If you are not working then Reduced Earnings Allowance becomes Retirement Allowance, will either be 25% of your current Reduced Earnings Allowance or £18.86/week, whichever of these two figures is the lowest.
If you are not working then Reduced Earnings Allowance becomes Retirement Allowance, will either be 25% of your current Reduced Earnings Allowance or £18.86/week, whichever of these two figures is the lowest.