NI contributions

gorgeousgeorge

Afternoon All, just a quick question,
My OH is going for a job interview next week which sounds very promising, the contract will run for about 8 months, he is 62 and has paid well over enough NI contributions in his working life ( that why we have been fed up trying to sort out pension credits etc since he has been out of work :mad: )
Now will he still have to pay NI contributions?, he isnt too sure wether he will be expected to go self employed or he will be paid through the company yet.
He has been s/e in the past as a contractor and has always paid the full stamp, was just wondering wether he would have to still pay them?

healy

gorgeousgeorge wrote: »

Afternoon All, just a quick question,
My OH is going for a job interview next week which sounds very promising, the contract will run for about 8 months, he is 62 and has paid well over enough NI contributions in his working life ( that why we have been fed up trying to sort out pension credits etc since he has been out of work :mad: )
Now will he still have to pay NI contributions?, he isnt too sure wether he will be expected to go self employed or he will be paid through the company yet.
He has been s/e in the past as a contractor and has always paid the full stamp, was just wondering wether he would have to still pay them?

Yes if he is employed he will have to pay NI, as far as I know I think he will be liable if self -employed also.

gorgeousgeorge

healy wrote: »

Yes if he is employed he will have to pay NI, as far as I know I think he will be liable if self -employed also.

So even tho he has paid full NI contributions for probably 45 years, he will still have to pay more? doesnt really seem fair as he already has already paid over the qualifying years ( and such large amounts as he was highly paid in the past )

Oldernotwiser

gorgeousgeorge wrote: »

So even tho he has paid full NI contributions for probably 45 years, he will still have to pay more? doesnt really seem fair as he already has already paid over the qualifying years ( and such large amounts as he was highly paid in the past )

NICs don't just cover you for your pension but for other contributions based benefits for which he will still be eligible.

gorgeousgeorge

yes, of course i know that, i just thought that as he has already paid over the qualifying amount of years he wouldnt have to pay anymore, so he would only get the same state pension or benefits that people who have have only just paid the amount of qualifying contributions needed? or even for the case those that dont work but have benefits paid anyway all their lives?


when do you stop paying NI contributions anyway? is it when you reach state retirement age, 65?

Oldernotwiser

gorgeousgeorge wrote: »

yes, of course i know that, i just thought that as he has already paid over the qualifying amount of years he wouldnt have to pay anymore, so he would only get the same state pension or benefits that people who have have only just paid the amount of qualifying contributions needed? or even for the case those that dont work but have benefits paid anyway all their lives?

Anybody who hasn't paid NICs for the relevant period won't get contributions based benefits, however many years they've paid in for previously.

gorgeousgeorge

But they will still get other forms of benefits tho wont they?

It hasnt seemed that for the amount of time he has been getting JSA ( contribution based) that we have ended up with much at all, as his small army pension was taken into consideration, and also when claiming for a topup from pension credits ( which he should have been on right from the start, but due to staff in JC not knowing what to do) they took savings etc into account....

Shouldnt really moan I suppose, there are folk a lot worse off than us, just a bit fed up that our savings that we once had wont be taking us into retirement more comfortably, as we have spent a lot of them living day to day .....

healy

gorgeousgeorge wrote: »

So even tho he has paid full NI contributions for probably 45 years, he will still have to pay more? doesnt really seem fair as he already has already paid over the qualifying years ( and such large amounts as he was highly paid in the past )

Yes he will still be liable for them because he has not reached State Retirement Pension age. As said the NI is not just for SRP.

McKneff

And it is fair because everybody is in the same boat.
(well the females still have to catch up over the next few years but then everyone will be the same.

McKneff

gorgeousgeorge wrote: »

But they will still get other forms of benefits tho wont they?

It hasnt seemed that for the amount of time he has been getting JSA ( contribution based) that we have ended up with much at all, as his small army pension was taken into consideration, and also when claiming for a topup from pension credits ( which he should have been on right from the start, but due to staff in JC not knowing what to do) they took savings etc into account....

Shouldnt really moan I suppose, there are folk a lot worse off than us, just a bit fed up that our savings that we once had wont be taking us into retirement more comfortably, as we have spent a lot of them living day to day .....

Swings and roundabout GG, perhaps your lack of savings will enable you to get pension credit when retirement comes.
Which then opens other doors to other benefits,
Give and take but nothing obviously is guaranteed

Me and my OH cant get a bean because we both worked hard and saved for our retirement. But......say lavvy..............

gorgeousgeorge

McKneff wrote: »

And it is fair because everybody is in the same boat.
(well the females still have to catch up over the next few years but then everyone will be the same.

Mmmm, perhaps im getting confused ( which isnt hard for me lol ) I just thought you had to have 30 years of paying NI contributions, and as partner has already paid 45 years, he wouldnt have to pay anymore as he has paid over the 30 years already