Tynwald's given the go ahead for the new Manx state pension.
People will need to clock up 35 years of National Insurance contributions on the Isle of Man to qualify for the new single-tier pension.
The new rules will only apply to those who turn 66 after Friday, April 6 and the full amount will be around £180 per week.
Treasury Minister Alf Cannan says the aim is to provide a simple pension that everyone can understand.
Difficult to compare Island's Hospice funding with UK, says minister
Mountain Road to close because of gales
New amber warning issued for tonight's storm
Police appeal over theft of building materials
One of capital's oldest buildings may become housing
New NHS safety rule to be brought in on Island
Two city streets to shut for over six months
Revamp of airport terminal planned, says DOI