UK State Pension
#1
Forum Regular
Thread Starter
Joined: Feb 2011
Posts: 75
UK State Pension
So i have settled and I've been working away in IT. Friday evening I bumped into a random expat and he brought up the uk state pension
Now, Ive been paying into the state pension from when I was 16 until I turned 29. Obviously I do not want to loose what i have contributed. Is there anyway I can continue to pay into the state pension? Also, how would I make sure I get the payments required once I become of age?
I did do some digging around and I'm find all sorts of mixed data, like I have until april 2015 to do so and that i need to contact the dwp
Now, Ive been paying into the state pension from when I was 16 until I turned 29. Obviously I do not want to loose what i have contributed. Is there anyway I can continue to pay into the state pension? Also, how would I make sure I get the payments required once I become of age?
I did do some digging around and I'm find all sorts of mixed data, like I have until april 2015 to do so and that i need to contact the dwp
#2
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: UK State Pension
So i have settled and I've been working away in IT. Friday evening I bumped into a random expat and he brought up the uk state pension
Now, Ive been paying into the state pension from when I was 16 until I turned 29. Obviously I do not want to loose what i have contributed. Is there anyway I can continue to pay into the state pension? Also, how would I make sure I get the payments required once I become of age?
I did do some digging around and I'm find all sorts of mixed data, like I have until april 2015 to do so and that i need to contact the dwp
Now, Ive been paying into the state pension from when I was 16 until I turned 29. Obviously I do not want to loose what i have contributed. Is there anyway I can continue to pay into the state pension? Also, how would I make sure I get the payments required once I become of age?
I did do some digging around and I'm find all sorts of mixed data, like I have until april 2015 to do so and that i need to contact the dwp
#5
Joined: Sep 2008
Posts: 12,830
Re: UK State Pension
#6
Re: UK State Pension
post#4
There are several threads on BE on 'state pension' & 'voluntary NI contributions'.
Simple example:
- Current full state pension ~£113/wk
- Class 2 Voluntary contributions ~£140/yr
Of course it changes come 2016/17 when a person is required to have 35 years of NIC for full state pension, which currently is 30 years
There are several threads on BE on 'state pension' & 'voluntary NI contributions'.
Simple example:
- Current full state pension ~£113/wk
- Class 2 Voluntary contributions ~£140/yr
Of course it changes come 2016/17 when a person is required to have 35 years of NIC for full state pension, which currently is 30 years
Last edited by not2old; Feb 16th 2015 at 9:58 pm.
#7
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: UK State Pension
From what I can see the spouse's part of the pension will disappear which makes it much less attractive.
I am still worried about the clause in the social security treaty that says that any year you are covered by NI does not count towards OAS. I don't want to pay for a pension that will not increase with inflation and give up a free one that will.
Last edited by JonboyE; Feb 16th 2015 at 10:09 pm.
#8
Just Joined
Joined: Feb 2015
Posts: 3
Re: UK State Pension
If asked, the UK Pension Service will provide an estimate of your UK state pension without additional contributions, as well as with additional contributions, to help you assess the benefits. Also, it may be worth checking with the Canadian Pension Plan (Service Canada) as regards OAS. You qualify for OAS as long as you have lived in Canada for the required period, I think.
#9
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: UK State Pension
If asked, the UK Pension Service will provide an estimate of your UK state pension without additional contributions, as well as with additional contributions, to help you assess the benefits. Also, it may be worth checking with the Canadian Pension Plan (Service Canada) as regards OAS. You qualify for OAS as long as you have lived in Canada for the required period, I think.