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

greenglide

I wouldnt have thought so - their database is unlikely to by keyed by date of birth for efficient access. Anything to date with date access would need to take into account SPa date as well..

By NINO (whole or part), by date of receipt of returns from employers, employment status (non employed, multiple employments etc) or just random spring to mind as options as well.

naf123

I am only 31 and had a look at my record .

I have 8 years full contributions and there is 2 years which is "partially" paid - I am offered opportunity to pay £38 voluntary contribution to get one year full . The other year is £79

Is it worth me paying, at my age, a total sum of around 120 to get 2 years full contributions? This will bring me to 10 years.

I have a few other gaps in my record but they will cost over £600 to fill in - I can see myself working for a good while ....

Previn

naf123 wrote: »

I am only 31 and had a look at my record .

I have 8 years full contributions and there is 2 years which is "partially" paid - I am offered opportunity to pay £38 voluntary contribution to get one year full . The other year is £79

Is it worth me paying, at my age, a total sum of around 120 to get 2 years full contributions? This will bring me to 10 years.

I have a few other gaps in my record but they will cost over £600 to fill in - I can see myself working for a good while ....

You'll have hit max contributions in 27 years time anyway so theoretically it will be wasted money if you continue working till then with no more breaks

naf123

Previn wrote: »

You'll have hit max contributions in 27 years time anyway so theoretically it will be wasted money if you continue working till then with no more breaks

As a disabled person, it is very hard for me to find a job - im very lucky to be working at the moment ...and I need to bear in mind, that I do have plans to retire early, and move abroad eventually.

So although it is wasted money, £120 is a small price to pay to get 2 years out of the way?

Previn

naf123 wrote: »

As a disabled person, it is very hard for me to find a job - im very lucky to be working at the moment ...and I need to bear in mind, that I do have plans to retire early, and move abroad eventually.

So although it is wasted money, £120 is a small price to pay to get 2 years out of the way?

In that case it seems a bargain for 2 years worth of contributions

green_man

I have recently got a state pension forecast (written not online).
£158pw. With a cope amount of £30. A few points/queries.

-I assume this must have been calculated on the old rules (being higher than £155)
- I assume the £158 does not include the £30 cope figure?
- This figure matches neither of the online figures I was given (£178 being one, £145 being another)
- There is very little info given on the forecast that would allow you to confirm the validity of the forecast.

mumps

I got my written forecast today and mine is £158 and a few pence. I don't think they explain the COPE thing so I phoned up and they confirmed I don't have to deduct it from the £158. Hope that is right.

It says I have 32 years contributions but I should have more than that, maybe they take the contracted out years off? Anyway I am assuming I have nothing to gain by increasing the years as I have more than the 30 years under the old scheme.

I didn't feel there was much information either but I was quite pleased, my guess was that I would be £4 either more or less than the new pension so glad it went the right way.

coyrls

They keep changing the format but they don't give a total from which the COPE amount should be subtracted; they give the amount you will receive and then the COPE amount for information. I think you have been correctly advised.

mumps

coyrls wrote: »

They keep changing the format but they don't give a total from which the COPE amount should be subtracted; they give the amount you will receive and then the COPE amount for information. I think you have been correctly advised.

Thanks, I don't think they make it very clear.

green_man

mumps wrote: »

Thanks, I don't think they make it very clear.

They certainly don't.
Looks like my forecast is very similar to yours. I'm based on 34 years contributions though. I read through the whole of the supplied booklet trying to figure out if the cope amount would be subtracted from the pension figure they gave, on balance I figured it should not but it certainly isn't very clear. Your post has confirmed this is correct though.

Interestingly when I get an online quote my cope amount is 0 and my pension is quoted at on the new method, so somehow the online system does not have access to the correct contracted out info.