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Housewife national insurance + pension query

Hi Guys

I was trying to find out some info for my parents so was hoping someone knowledgeable will have the answer as I have no idea!

To give a bit of background, my dad worked full time (PAYE) without any gaps from 1969 to roughly 2008 I believe, in any case its a minimum of 30 years so paid full national insurance, mum on the other hand has always been a housewife so has no records.

Now the only income they have is:
dad: private pension from MFI (around £4k a year)
£4500 rental income

Mum:
£4500 rental income (house is owned 50/50 with dad so income is shared, they both do tax returns)
Again she has never paid national insurance, rental income has only been received for the last 2 years.

My question was, will mum get a full pension based on my dads record from when shes 60?

Mum is 52 and dad is 60 years old.

Advice would be much appreciated :)
«1

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    women no longer get a pension at 60

    she will be eligible for 60% of your father's pension
  • noh
    noh Posts: 5,812 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If your Mum is 52 now and was born in 1960 her state retirement age is 66 plus depending on exactly when she was born.
    Use this calculator to find the exact date.

    https://www.gov.uk/calculate-state-pension
  • Your mum will have some NI credits under home responsibility protection, if she was in receipt of child benefit for you and other siblings.

    It is probably worth her asking for a pension forecast.

    https://www.gov.uk/state-pension-statement
  • Dunroamin
    Dunroamin Posts: 16,908 Forumite
    Did your mother work before she married and was she claiming child benefit (and if so for how many years) during it?
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Basically she needs a forcast to see her number of years contribs. she wil have 3 years from 18-21 and then any years of CB she received plus any years she worked and paid NICS. If these dont add up to 18 or more she will get a 60% pension based on your dads contribs. Or she can pay for added years into the scheme going forwards.
  • She has a good 15 years or working life left- so shouldnt be a problem.
    June challenge £100 a day £3161.63 plus £350 vouchers plus £108.37 food/shopping saving

    July challenge £50 a day. £ 1682.50/1550

    October challenge £100 a day. £385/£3100
  • Thanks for all the replies guys, especially bigmoney2, i've now got the forecast which indicates:

    The amount of basic State Pension you get depends on how many qualifying years you have on your National Insurance contributions record. You currently need 30 qualifying years to get a full basic State Pension, worth £110.15 a week.So far you have 25 qualifying years, worth £91.79 a week.
    If you do not already have the maximum 30 qualifying years needed to get the full basic State Pension, each extra qualifying year between now and when you reach your State Pension age is worth a further 1/30th of the full basic State Pension - about £3.67 a week.

    Based on above should I arrange for her to top up her contributions by 5 years as shes only got 25 qualifying years?

    My dad probably has 50 years or so I reckon but I guess that doesn't matter.
  • dellboy102 wrote: »
    ...
    Based on above should I arrange for her to top up her contributions by 5 years as shes only got 25 qualifying years?

    ...
    There are proposed major changes to state pension provision for anyone reaching State Pension Age on or after 6th April 2016.

    Anyone affected should not pay voluntary Class 2 or Class 3 NI contributions until they are sure they fully understand the implications. See this link (particularly the section headed: Extended time limits for the tax years 2006-07 to 2015-16) that explains the cost will not increase until at least 5th April 2019.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    One problem is that the number of years for qualifying for a full basic pension is going back up to 35 years.

    She could register as self employed and pay voluntary national insurance, I've heard that this is cheap and she shouldn't have to do anything apart from pay the small contributions.
  • It says she'll reach pension age on 2026, so i'm guessing above doesnt apply to her right?

    RE the 35 years, can she do the extra contributions before this happens?
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