State pension index linking for returned brits?
Apr 13th 2021, 8:19 am
#16
BE Forum Addict
Joined: May 2007
Location: England
Posts: 4,211
Re: State pension index linking for returned brits?
Really, really cheap, compared to what you can potentially get back. If they qualify for Class 2, then it’s just over £150 a year. https://www.gov.uk/voluntary-nationa...ibutions/rates
And he can pay voluntary contributions even if not working in Oz.
HTH.
And he can pay voluntary contributions even if not working in Oz.
HTH.
Apr 13th 2021, 11:00 am
#17
BE Enthusiast
Joined: Dec 2008
Posts: 525
Re: State pension index linking for returned brits?
He doesn't need to be self-employed to be eligible for class 2. This table will indicate the whether class 2 or class 3 is applicable in his situation.
https://www.gov.uk/voluntary-nationa...-contributions
Living and working abroad
Class 2 - but only if you worked in the UK immediately before leaving, and you’ve previously lived in the UK for at least 3 years in a row or paid at least 3 years of contributions
Living abroad but not working
Class 3 - but only if at some point you’ve lived in the UK for at least 3 years in a row or paid at least 3 years of contributions
https://www.gov.uk/voluntary-nationa...-contributions
Living and working abroad
Class 2 - but only if you worked in the UK immediately before leaving, and you’ve previously lived in the UK for at least 3 years in a row or paid at least 3 years of contributions
Living abroad but not working
Class 3 - but only if at some point you’ve lived in the UK for at least 3 years in a row or paid at least 3 years of contributions
Apr 13th 2021, 8:44 pm
#18
Forum Regular
Joined: May 2018
Location: North Yorkshire
Posts: 80
Re: State pension index linking for returned brits?
Thank you for the information, I have passed the link on to my friend but my friend said they have never been self employed they have in the passed and also now they are working always been in the clerical/admin sector working directly to the employers, can they still make cheap payments?
Apr 14th 2021, 8:19 am
#19
BE Forum Addict
Joined: May 2007
Location: England
Posts: 4,211
Re: State pension index linking for returned brits?
My friend is going through and has gone through "a lot" so any help I can help with I will. I have passed on the above information and my friend will now be in touch with the correct authorities. Thank you to everyone who has replied, my friend was thrilled with the advice.
Apr 14th 2021, 8:50 am
#20
BE Enthusiast
Joined: Dec 2008
Posts: 525
Re: State pension index linking for returned brits?
He can check his current NI record and pension entitlement here:
https://www.gov.uk/check-state-pension
This will also show him whether he is entitled to make any payments for earlier years. This is worth considering, especially if he's entitled to pay class 2, just in case it becomes more expensive or class 2 is abolished in future.
https://www.gov.uk/check-state-pension
This will also show him whether he is entitled to make any payments for earlier years. This is worth considering, especially if he's entitled to pay class 2, just in case it becomes more expensive or class 2 is abolished in future.
Apr 15th 2021, 8:02 am
#21
BE Forum Addict
Joined: May 2007
Location: England
Posts: 4,211
Re: State pension index linking for returned brits?
He can check his current NI record and pension entitlement here:
https://www.gov.uk/check-state-pension
This will also show him whether he is entitled to make any payments for earlier years. This is worth considering, especially if he's entitled to pay class 2, just in case it becomes more expensive or class 2 is abolished in future.
https://www.gov.uk/check-state-pension
This will also show him whether he is entitled to make any payments for earlier years. This is worth considering, especially if he's entitled to pay class 2, just in case it becomes more expensive or class 2 is abolished in future.
