The Pensions Guide


Pensions Knowledgebase and Glossary

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Waiting period This is the length of time an employee has to work for an employer before they can join the employers pension scheme. It is also called a qualifying period.
War Disablement Pension This is a payment made to people who have been injured or disabled as a result of any service in the Armed Forces.
If you are eligible to claim a War Disablement Pension, you may also qualify for help with medical treatments. Help is also available for war widows and widowers.
War Pensioners medical treatments In certain circumstances help with medical treatments, hospital travelling expenses and nursing care is available to war pensioners.
War Widow's or Widower's Pension War Widow's Pension is a pension paid to widows, widowers or surviving civil partners and children of someone killed in the Armed Forces or who dies later as a result of injury in the Armed Forces.
Widowed Parent's Allowance (WPA) WPA is a regular payment for widows bringing up children, based on their late husband's National Insurance (NI) contributions.
Will Making a will allows you to set out who is to benefit from your property and possessions (your estate) after your death.
Winter Fuel Payment If you're aged 60 or over, you may be eligible for payments from the Government to help with your heating bills in winter.
Women As a woman, the pattern of your working life may be different to a man's and you need to understand if this affects your retirement income.
Working life Your working life is the period over which you may have to meet the contribution conditions for basic State Pension.

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