We have identified over 650 questions and answers concerning many of the topics featured on this site. The information is categorised and can be reached by navigating via the entries below.

Information can also be retrieved using the Search box. This will search through the entire list of FAQ entries (in the Title and the Body) and will return results based on a match based on the words you input. If you wish, you may enter complete questions, e.g. "What currency would we use in an independent Scotland".

All accrued pension rights will be protected when Scotland becomes independent. People reaching State Pension Age from 6 April 2016 will move to a new single-tier pension. This is being introduced across the UK countries. In addition, this Scottish Government proposes that in Scotland pensioners should benefit under independence from additional protection as follows:

  • the single-tier pension will be set at £160 per week. If the rate for the single-tier pension is higher in the rest of the UK at that point, the Scottish single-tier pension will match this figure

  • for the whole of the first term of an independent Scottish Parliament, the single-tier pension will be increased each year by the ‘triple-lock’ – that is the highest of average earnings, inflation, or 2.5 per cent. This guarantee is only in place in the rest of the UK until 2015. Guarantee Credit, which provides a minimum level of pension income, will also be increased by the triple-lock

  • in addition, Scottish single-tier pensioners on low incomes will still be able to benefit from Savings Credit, which is being abolished for new pensioners from 2016 in the rest of the UK

  • provision will also be maintained for those expecting to receive a State Pension based on their spouse’s contributions. This protection would be in place for 15 years after the introduction of the single-tier pension, unlike in the rest of the UK

Source: Scotland's Future, Scottish Government, November 2013.