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Paying Class 2 Voluntary Contributions..?

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Paying Class 2 Voluntary Contributions..?

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Old Jun 29th 2011 | 2:31 am
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Default Paying Class 2 Voluntary Contributions..?

I'll be retiring in a couple of years and want to pay Class 2 Voluntary NI Contributions; I got a Pension Forecast from HMRC about a year ago and meant to pay the arrears at that time, but was confused by the choices and the paperwork so I delayed, but now I really mean to do it! I currently have 18 qualifying years..

I'm fairly sure I'm eligible to pay Class 2, as I worked for an employer in the UK for many years up to the day I left England to come to the US, July 1 1991. I've been continuously employed in the US since September 1991 for just two employers.

Guided by my Pension Forecast, I looked at Leaflet NI38 and Application Form CF83 that is printed at the end of Leaflet NI38. According to the info on p.9 of NI38, I just have to fill out the CF83 and on an accompanying letter give some further details of my employment including documentary evidence.

Couple of questions though..
  • The form CF83 seems to be primarilly designed for folks still in the UK, and about to move abroad.. does that matter?
  • Can I pay at the time I send in the Form, or do I have to wait for them to approve my application?
  • I assume I can pay arrears of six years, 2005-2010, and the current year, right?
  • How much is the rate currently?

Would appreciate insights from folks who are in the know! Thanks!
 

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