New State Pension Question

Al's_991 · 18 January 2017 at 2:56PM

First Hi everyone my first post here. :beer:

I have the full 35 + years NI contributions but I am only 62. I have been opted out for most of the time. So cannot reach the full new state pension ( £145 ) My GOV calculation is £132. I no longer work so not adding to my NI contributions.
My question is, can I add NI contributions to boost my pension, even though I have over 35 full years?

Triumph13 · 18 January 2017 at 3:01PM

Yes you can. Voluntary NICs for years after April 2016 up until, but not including, the tax year in which you hit SPA will be worth about £4.45 a week each for a one off cost of about £733 each. Bargain.