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!

NHS pension/Private pension

I've paid into NHS pension for 10 years but I'm now going to work as a nurse abroad for about 5 years, what should I do whilst I'm away - pay a private one in Oz or Uk or is there anyway I can still pay into NHS one?

Comments

  • dunstonh
    dunstonh Posts: 120,376 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You cannot contribute to a UK pension scheme in this case. You cannot contribute to an ISA either. You would best be placed to investigate the options in Oz.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Make sure you keep up your state pension voluntary class 11 contributions - a major bargain at just over 2 quid a week :)

    That's assuming you have less than 30 years NI conts - if you have that already, don't bother as you are already paid up under the new rules.
    Trying to keep it simple...;)
  • Thanks for the advice.

    How do keep up state pension voluntary class 11 contributions whilst I'm abroad?
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Trying to keep it simple...;)
  • HOWMUCH
    HOWMUCH Posts: 1,296 Forumite
    Part of the Furniture 1,000 Posts
    If and when you return to the NHS you will be able to buy the missing years. well you can currently unless things change
    Why pay full price when you may get it YS ;)
  • BritBrat
    BritBrat Posts: 3,764 Forumite
    They did have a NHS forum on the pension site but I noticed that they had shut it down, how backward is that.
  • As I understand it you can leave the scheme and join within a year, after that you start another scheme.Buying extra pension is possible as long as you realise that the nhs will not contribute anything towards your extra contribution; this is worth considering as there may be better schemes on the market like (ns&i).I understand new zealand have a better scheme than australia when it comes to pension.chateau
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.2K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.