Employer (Ford Motor Company) Didn't Pay National Insurance - State Pension Diminished

RedditchResident

Thrugelmir said:

Did you ever join the Ford Motor Company pension scheme? 

Yes, I was in it throughout my time of employment at Ford.

hyubh

RedditchResident said:

I have a reasonable expectation of several healthy decades.  I don't drink or smoke and I take regular exercise.  The state pension is paid through until death.  Because of this mistake, or whatever it was, on the part of Ford I lose out every year of retirement.  

It really isn't clear on the information you have given that the missing year has actually made a difference. You've been asked a few times whether your state pension forecast refers to a 'COPE' amount - does it? And your Ford pension - does the documentation refer to a 'GMP'...?

Dazed_and_C0nfused

I think this thread is going nowhere until you provide the full details of your forecast.

35 years doesn't apply as you are transitional rules so without the full breakdown the impact (or lack of it) is all guesswork.

Thrugelmir

Dazed_and_C0nfused said:

I think this thread is going nowhere until you provide the full details of your forecast.

Sounds as if a lot of time has been wasted elsewhere already. 

RedditchResident

Dazed_and_C0nfused said:

I think this thread is going nowhere until you provide the full details of your forecast.

35 years doesn't apply as you are transitional rules so without the full breakdown the impact (or lack of it) is all guesswork.

I wasn't able to make a screen grab.  Does this help?

You need to continue to contribute National Insurance to reach your forecast

Estimate based on your National Insurance record up to 5 April 2020

£126.54 a week

Forecast if you contribute until 5 April 2023

£141.56 a week

You can improve your forecast

You have shortfalls in your National Insurance record that you can fill and make count towards your State Pension.

The most you can increase your forecast to is

£175.20 a week

You have:

• 25 years of full contributions
• 3 years to contribute before 5 April 2023
• 21 years when you did not contribute enough

1990-91

Year is not full

Hide 1990-91details

You did not make any contributions this year

It’s too late to pay for this year. You can usually only pay for the last 6 years.

RedditchResident

hyubh said:

RedditchResident said:

I have a reasonable expectation of several healthy decades.  I don't drink or smoke and I take regular exercise.  The state pension is paid through until death.  Because of this mistake, or whatever it was, on the part of Ford I lose out every year of retirement.  

It really isn't clear on the information you have given that the missing year has actually made a difference. You've been asked a few times whether your state pension forecast refers to a 'COPE' amount - does it? And your Ford pension - does the documentation refer to a 'GMP'...?

I don't know what COPE is.  There is no mention of it I can see on the state pension online forecast.  See my response to 'dazed_and_confused' for what I am able to copy paste from the gov pages.

RedditchResident

Thrugelmir said:

Dazed_and_C0nfused said:

I think this thread is going nowhere until you provide the full details of your forecast.

Sounds as if a lot of time has been wasted elsewhere already. 

Might be good if you limit yourself to constructive contributions.  You asked a rather irrelevant question already answered several times if you read the thread.  I answered you.

hyubh

RedditchResident said:

hyubh said:

RedditchResident said:

I have a reasonable expectation of several healthy decades.  I don't drink or smoke and I take regular exercise.  The state pension is paid through until death.  Because of this mistake, or whatever it was, on the part of Ford I lose out every year of retirement.  

It really isn't clear on the information you have given that the missing year has actually made a difference. You've been asked a few times whether your state pension forecast refers to a 'COPE' amount - does it? And your Ford pension - does the documentation refer to a 'GMP'...?

I don't know what COPE is.  There is no mention of it I can see on the state pension online forecast.  See my response to 'dazed_and_confused' for what I am able to copy paste from the gov pages.

And your Ford pension does or does not involve a GMP...? 

RedditchResident

hyubh said:

RedditchResident said:

I have a reasonable expectation of several healthy decades.  I don't drink or smoke and I take regular exercise.  The state pension is paid through until death.  Because of this mistake, or whatever it was, on the part of Ford I lose out every year of retirement.  

It really isn't clear on the information you have given that the missing year has actually made a difference. You've been asked a few times whether your state pension forecast refers to a 'COPE' amount - does it? And your Ford pension - does the documentation refer to a 'GMP'...?

I should mention that when I spoke to HMRC they didn't ask any of the questions you have asked about COPE and GMP.  I understood from them that the situation is as I have explained it; I am missing a year of contributions that cannot be made up and my state pension is diminished pro rata.  They asked for all details in writing and that has gone to them recorded delivery.  I am interested in the line of investigation you are taking as it adds to the sum total of my knowledge on the subject.  Are you saying the missing contributions do not matter and why might that be?  Meanwhile I am grateful for your interest and input. 

xylophone

I joined Ford as a graduate in 1987 and stayed ten years.  

I wasn't contracted out.

They will be paying my occupational pension 

I would be  surprised if  1987 - 97 the Ford Pension Scheme  were not a Contracted Out Salary Related  Pension Scheme.

OP, do you have a Statement of Deferred Benefits from your time at Fords?

If so, does it show pre 88 GMP

Post 88 GMP

Excess?