Join LinkedIn to get the latest news, insights, and opportunities from over 3 million companies. Ganesh Machinery was established in March of 1985, as a 1,200 sq. ft. family business. In just three short years, the company developed into a 4,000 sq. ft. warehouse, and the growth didn't stop there.
If you die, your spouse or civil partner may be able to inherit some of this additional state pension. To see how much additional State Pension can be inherited, go to www.gov.uk/additional-state-pension/further-information. They can also inherit some additional State Pension from their deceased spouse or civil partner as under the present system. 2  When both partners reach State Pension age after the New State Pension starts in April 2016, a surviving spouse or civil partner will be able to inherit 50% of any protected payment that exists.
For many years, the state pension age for men was 65 and the state pension age for women was 60. But from 2020, both men and women's state pension age will be 66, increasing to 67 between 2026 and 2028, and then linked to life expectancy after that. The government will then review the state pension age every five years.