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Additional State Pension

135

Comments

  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    mpbdsnu wrote: »
    My wife took her pension at 63, so paid 3 years extra contributions, thats why she gets more that the basic state pension!

    She shouldn't have been paying NI after reaching state pension age.
  • anmarj
    anmarj Posts: 1,826 Forumite
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    Mojisola wrote: »
    She shouldn't have been paying NI after reaching state pension age.

    She could of paid voluntary contributions :)
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    anmarj wrote: »
    She could of paid voluntary contributions :)

    Can you do that after you reach pension age?

    I know you can buy extra years with a lump sum but I thought NI contributions didn't count after you reached pension age.
  • xylophone
    xylophone Posts: 45,736 Forumite
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    Can you do that after you reach pension age?

    I know you can buy extra years with a lump sum but I thought NI contributions didn't count after you reached pension age.

    See https://www.gov.uk/voluntary-national-insurance-contributions/who-can-pay-voluntary-contributions

    You’re close to or over State Pension age

    Your situation Eligible to pay voluntary contributions Current rates
    You’ve reached State Pension age Yes, for gaps from before you reached State Pension age Class 3: £13.90 a week



    You reach State Pension age before 6 April 2016 and want to top up your State Pension Yes, between 12 October 2015 and April 2017 Class 3A: calculate the rate

    But the OP seems to be implying that his spouse was paying NI contributions for the three years she was working after state pension age?
  • mpbdsnu
    mpbdsnu Posts: 13 Forumite
    She did continue to pay NI contributions for a while, she had to apply to stop. Looking back I think it was more to do with the fact she was a low earner, and was at some stage contracted out?
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    She should not have paid NI on her earnings at all after her State Retirement age.
    (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 Eagleton
  • poppasmurf_bewdley
    poppasmurf_bewdley Posts: 5,942 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    mpbdsnu wrote: »
    But at the moment she gets less than the £148, so where does that leave my wife? She will be worse off and yet she made additional contributions?

    My state pension is considerably more than £148 because of the extra contributions I made under SERPS over many years, but I won't expect my pension to reduce to £148 in 2016.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • mpbdsnu
    mpbdsnu Posts: 13 Forumite
    It looks likely that it will poppasmurf!
  • poppasmurf_bewdley
    poppasmurf_bewdley Posts: 5,942 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    mpbdsnu wrote: »
    It looks likely that it will poppasmurf!

    Not at all. Like your wife, my pension will remain on exactly the same basis as it does at the moment. Only those who retire from April 2016 will receive the new type pension. Anyone who retired earlier than that will remain exactly as they are at the moment.

    That is made clear if you read and understand what has been written above and elsewhere.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The £148 only affects people who reach retirement age after April 6th 2016. Anyone already receiving their pension will not be affected.
    (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 Eagleton
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