What is the supplementary pension payment?
A payment supplementary to the standard pension is available if you are aged between 60 and 67. To qualify for the supplementary payment, you must have accrued a minimum of 36 months of pensionable seagoing service in the past 60 months before you start to take out your pension (retirement date) or before you reach retirement age. Only seagoing service for which pension contributions have been made will count. It is also a requirement that you do not have an annual pensionable income that exceeds twice the National Insurance Scheme basic amount. The supplementary pension payment is not entitled to anyone who takes out a reduced pension before the age of 60 even if conditions for receiving the supplementary payment have otherwise been met.