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Search: Posts Made By: rebs
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Forum: Moving back or to the UK
Dec 23rd 2016, 11:59 am
Replies: 266
Views: 37,305
Posted By rebs

Re: Voluntary National Insurance contributions

I'm not sure I understand your point here? Are those figures you quote the amounts you have to pay for your contributions, or the amounts you will receive in pension?

The 1/35ths fraction is...
Forum: Moving back or to the UK
Dec 23rd 2016, 7:01 am
Replies: 266
Views: 37,305
Posted By rebs

Re: Voluntary National Insurance contributions

In the new system, it makes less sense to think about years remaining than it does to think about amounts needed.

In this example, think of the difference between the max £155 and the starting...
Forum: Moving back or to the UK
Dec 22nd 2016, 1:18 pm
Replies: 266
Views: 37,305
Posted By rebs

Re: Voluntary National Insurance contributions

Before you pay any years that are before April 2016, find out exactly what that will do to your foundation amount. It may be that qualifying years after April 2016 will make a greater difference to...
Forum: Moving back or to the UK
Dec 22nd 2016, 6:54 am
Replies: 266
Views: 37,305
Posted By rebs

Re: Voluntary National Insurance contributions

The new state pension (NSP) (which came in in April 2016) has a very simple calculation, that applies post April 2016. For every qualifying year (post April 2016), you earn 1/35th of the NSP amount....
Showing results 1 to 4 of 4


 
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