Posted: Sat May 11, 2013 7:47 pm
Post subject: Entitlements of being a stay at home parent?
So we have come to the decision that when I am back in work MrOz will finish work and become a stay at home dad.
I am aware that we won't get any benefits, however my parents said that we need to look into the entitlements of ensuring that he will still get his full pension when he retires by declaring his role. I have no idea what they are on about, if this is still about or what or who to ask for.
So... can anyone help? I know that if I rang up benefits they will not offer information to me so will need to ring up armed with some knowledge. Who and what should I call to ensure he does not loose or miss out on anything that he is entitled to?
Or any other snippets of wise words you can share?
Thanks in advance
Posted: Sun May 12, 2013 9:05 am
Whilst I am not at all sure (and don't have time to google now) - I think what your parents might be on about is getting the child benefit in his name rather than yours once he stops work, as in some way this then counts towards years worked when calculating a state pension. There was something in the press about this when the change to child benefit came in - something like for a stay-at-home parent with a well-paid partner it was worth claiming the child benefit and then having it all taxed back again by the state, rather than not claiming.
Posted: Sun May 12, 2013 9:31 am