LGPS removal of NI rebate - effect on state pension

clingingtothewreckage

Please can someone help? I apolgise if this has already been answered but I haven't been able to find the answer. I have checked on the LGPS and Gov. Website
If I continue to pay into the LGPS, without the NI rebate, and pay the standard rate of NI does this actually go towards increasing my state pension?
Thanks for reading

hyubh

clingingtothewreckage wrote: »

If I continue to pay into the LGPS, without the NI rebate, and pay the standard rate of NI does this actually go towards increasing my state pension?

Assuming your work history so far isn't like '35 years of contracted-in employment followed by 2 years in the LGPS', then yes.

xylophone

I assume that you are currently under state pension age.


[Have you obtained a new state pension statement?

https://www.gov.uk/check-state-pension

Your "foundation" (starting) amount will be less than, equal to or more than

£155.65 a week.

If less than and you are under state pension age, each year of contribution up to state pension age up to the point where you have reached £155.65 will count towards your new state pension.

If more than or equal to then it won't.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/181237/single-tier-pension-fact-sheet.pdf

xylophone

See this thread https://forums.moneysavingexpert.com/discussion/5367287