We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
NI qualifying years.
fgh001
Posts: 69 Forumite
How many years of NI contributions do you have to have to get your pension and other benefits? And is there a certain amount of weeks in a single year you have to contribute to for that year to qualify as 1 of your contributing years?
hopefully thats makes sense!
Thanks.
hopefully thats makes sense!
Thanks.
0
Comments
-
Thirty years to get your State Pension; however if you are under retirement age, in work and earn enough you must continue to pay it. Contributions-based Benefits are based on Contributions paid in the last two years.
As regards whether it is a qualifying year, I think it depends how much you have earned in that year; however I do not know what the figure is, sorry.(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
You need earnings or credits equivalent to 52 or 53 times the Lower Earinges Level for the year in question - e.g if your earnings will be over £97 per week this year (£5044 p/a) then you will have a qualifying year.( for this purpose assume that 1 weeks NI credit is worth £97.00)I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0
-
Thanks for your repliesYou need earnings or credits equivalent to 52 or 53 times the Lower Earinges Level for the year in question - e.g if your earnings will be over £97 per week this year (£5044 p/a) then you will have a qualifying year.( for this purpose assume that 1 weeks NI credit is worth £97.00)
Thanks for that, so say if (e.g) half the year you earn say £50 a week therefore you wont pay NI contributions and then you earn over £97 a week the other half of the year that year wont qualify because i havent reached £5044p/a ?0 -
Thats right, unless you are entitled to some form of NI credits or you have the year covered by Home Responsbilities Protection.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0
-
Great thanks. Another question (sorry!) what happens if you have more than 1 job which both are less than £97 a week but combined make £97+. Does than then count towards NI?0
-
Thats right, unless you are entitled to some form of NI credits or you have the year covered by Home Responsbilities Protection.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards