New State Pension starting amount and full record of qualifying years- trial service

dave23

Just had a look now and mine is now showing including the latest tax year

Estimate based on your National Insurance record up to 5 April 2016

• £129.45 a week

Estimate if you contribute another 6 years before 2028

• £155.65 a week

I am 54 so despite many years contracted out I will have enough years in by 60

GunJack

^^^ mine too, only 3 more years out of the next 18 for full SP for me

SnowMan

dave23 wrote: »

Just had a look now and mine is now showing including the latest tax year

Estimate based on your National Insurance record up to 5 April 2016

Mine is still 'based on your National Insurance record up to April 2015'.

But interesting they are now updating some records. Before it seemed to be just a few who were imminently reaching SPA who had 2015/2016 included.

SnowMan

SnowMan wrote: »

Does anybody know when 2015/2016 years information will be added into the records? I'm wondering as that is the point at which you can find out your precise starting amount under the new state scheme (assuming you don't buy any missing pre April 2016 years subsequently)

I remember many years back that statements used to say it could take up to 6 months after the end of the year to get that tax year updated.

Do things happen more quickly now?

I asked them this question through the online help facility and have got this response

The National Insurance Record is held and maintained by HMRC and they endeavour to have the previous year's payments and credits in place by the autumn. Sorry we cannot be more specific

So could be a while before we all have our starting amounts under the new state pension allowing for 2015/2016.

bigfreddiel

My estimate includes 2015/16 contributions.

Maybe because I'm only 6weeks away from collecting it!

Cheers fj

greenglide

Mine does as well.

I would imagine that in these days of RTI it doesnt take anything like as long as it used do to collect the payroll year end data from employers and post it to peoples accounts in NPS.

Of course there will still be a long period of correcting missposted accounts and other fallouts. There must be fallouts of some kind!

molerat

They have had another edit. My estimate no longer shows a SP + COPE figure and now just quotes the COPE estimate.

SnowMan

molerat wrote: »

They have had another edit. My estimate no longer shows a SP + COPE figure and now just quotes the COPE estimate.

That's an excellent change :beer:

Hopefully they will be doing the same with the paper statements.

green_man

green_man wrote: »

This service is a bit of a farce. See the above quote for what it told me back in December. I have been in again today and see completely different figures:

Estimate based on your National Insurance record up to 5 April 2015

• £146.76 a week

Checking Contracted out/COPE etc it says:

Your State Pension forecast £155.65 Your COPE estimate £0 COPE added to your State Pension forecast £155.65

So it thinks I have been contracted out (which I have for approx 12 years) but has a COPE of £0.


Its estimate is over £30 per week less than in December which is not insignificant
( Note I have 33 NI qualifying years prior to 2015)

Whats going on?

I've been in again today and my figures still show £146 per week with £0 COPE, my 2016 NI is not accredited yet.

I intended using the help function to get someone to explain but the online help function seems to have vanished? you can now just report feedback or ask for help on usage.

SnowMan

green_man wrote: »

I've been in again today and my figures still show £146 per week with £0 COPE, my 2016 NI is not accredited yet.

I intended using the help function to get someone to explain but the online help function seems to have vanished? you can now just report feedback or ask for help on usage.

There should be a link at the bottom saying 'get help with this page' so you could try that.

Alternatively send the future pensions centre an email or ring them up. The online form for email and phone number are in the following link.

https://www.gov.uk/future-pension-centre