Class 3 voluntary contributions

marlot

nigelbb wrote: »

You do realise that unless you are already past State Pension age that you are limited to purchasing only the past six years.

What on earth do you imagine would be means tested? The pension or the NI contributions? Neither case is going to happen.

I'm about 4 years short, an 12 years to state pension age.


There has to be a chance that the pension is means tested. eg. https://www.moneywise.co.uk/news/2018-11-23/uk-state-pension-should-be-means-tested-says-international-monetary-fund

nigelbb

marlot wrote: »

I'm about 4 years short, an 12 years to state pension age.


There has to be a chance that the pension is means tested. eg. https://www.moneywise.co.uk/news/2018-11-23/uk-state-pension-should-be-means-tested-says-international-monetary-fund

That's just a scare story but in any case the UK state pension is effectively means-tested already as it is subject to income tax.

Now that life expectancy has plateaued the only concern regarding the viability of the state pension would be if we don't see continued immigration supplying fit young workers paying income tax to fund it.