Missing NIC payments

MoneySavingUser

I am a 29 year old Male.

From Gov.UK

Summary
9 years of full contributions
39 years to contribute before April 2055
4 years when you did not contribute enough

Of the missing years - 3 years when I was in University, and then a short time when I was unemployed in the other year.

As I need 30 years is there any point in topping up these years?

Two of them need £689 paid, the others need £119 and £88 - is there any point in perhaps buying the last two years?

p00hsticks

MoneySavingUser wrote: »

As I need 30 years

It's now 35 - so 26 on top of the nine full ones you already have

MoneySavingUser

Thanks I had thought it had changed from 35 to 30 but it is the other way round as you say - think it might be worth buying the cheaper two then just in case?

xylophone

Your state pension age will be no younger than 68.

What is your starting amount?

See https://www.gov.uk/new-state-pension/how-its-calculated

just_looking_here

I would definitely aim for at least the minimum 10 as at the moment you won't get any pension. Above 10 years will give you a proportional UK pension.


Are you based in the UK and confident that you'll work enough to reach 35 years? The more expensive ones sound like those you would pay if you are outside of the UK (class 3?).


There is a limit to the number of years you can backpay and the cheaper ones will roll off and you'll end up with just 6+ expensive years to pay! Do you have enough put aside to pay the cheaper ones now?


Before BREXIT having these may have been useful to obtain national healthcare in the EU for you as it's very expensive otherwise.