Four more years NICs for full state pension - Clarification?

Joey_Soap

I have read various threads regarding payment of "X" more years NIC to qualify for the maximum state pension. I have a clarification request if anyone can help?

I am age 60 (at May 2017) with a state retirement age of 66 (May 2023). Over the weekend my pension forecast from the government website says if I pay four years contributions, I will get the maximum possible state pension paid. I am overseas and presently do not pay NIC. I am not clear about when I should pay the four years NIC as voluntary payments. Should I pay each year for the next four years? Or can I wait until April 2023 before I pay in one lump? Thanks.

molerat

You can purchase those years up until 6 years after the end of that year but they increase in price to the current year price 2 years after the end of the year.

Joey_Soap

Thanks for that. I wasn't sure. I intend to pay the extra four years, but no point in paying until just before I plant to draw the state pension then. Thanks.