uk ni contributions while living in oz
Nov 25th 2006, 2:47 pm
#1
Forum Regular
Thread Starter
Joined: Jul 2005
Location: WA
Posts: 277
uk ni contributions while living in oz
I understand that you can still pay these on permanant residency in Oz to ensure you still get uk state pension but have the leaflets from relevant dept but still dont understand wether to pay class 2 or class three, any help from some one whose done it or doing it please as we leave one week tomorrow and need to sort it out before departure
Nov 25th 2006, 3:19 pm
#2
A rather curious boy
Joined: Aug 2006
Location: Melbourne
Posts: 5,917
Re: uk ni contributions while living in oz
Originally Posted by lovealot
I understand that you can still pay these on permanant residency in Oz to ensure you still get uk state pension but have the leaflets from relevant dept but still dont understand wether to pay class 2 or class three, any help from some one whose done it or doing it please as we leave one week tomorrow and need to sort it out before departure
http://britishexpats.com/forum/showt...41#post4092441
read this, these folk seem knowledgeable!
Nov 25th 2006, 7:47 pm
#3
Account Closed
Joined: Jun 2005
Posts: 9,316
Re: uk ni contributions while living in oz
Originally Posted by lovealot
I understand that you can still pay these on permanant residency in Oz to ensure you still get uk state pension but have the leaflets from relevant dept but still dont understand wether to pay class 2 or class three, any help from some one whose done it or doing it please as we leave one week tomorrow and need to sort it out before departure
My personal view is that unless you can get onto class 2 it's not worth paying (unless you need to get up to the minimum years required to receive any pension). I accept that others may have a different view and that we will only know who's correct in hindsight.
Nov 25th 2006, 9:00 pm
#4
Happy Daddy
Joined: Aug 2003
Location: Dodgey West Midlands , UK
Posts: 1,312
Re: uk ni contributions while living in oz
Originally Posted by lovealot
I understand that you can still pay these on permanant residency in Oz to ensure you still get uk state pension but have the leaflets from relevant dept but still dont understand wether to pay class 2 or class three, any help from some one whose done it or doing it please as we leave one week tomorrow and need to sort it out before departure
It's explained in form ni38, do a google on it and you should find it. The contribution rate is in form GL23 - I think it's £2.10 / week.
You can wait up to 6 years, pay it monthly or weekly by Direct debit options and drawbacks as per documents describe.
We haven't sorted our's out yet and we are off next week!
I view it that the contributions I would have to make would be less than a years pension money, and who would give you that return in the financial sector!
Bye
Mark
