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State pension

stuhan215811 · 2022-05-23 09:53:37

Hello, I am 66 on the 25th may, i received my award letter on the 21st of may, i am living in Thailand but my uk state pension is paid into my uk bank account. 2 things i wish to ask help with: 1st why are they starting my payment from the 22nd of may when my S.P.A is 25th may. 2nd why are there no dates of when any part…

Comments

nigelbb Posts: 3,822 Forumite

27 May 2022 at 7:07AM edited 27 May 2022 at 7:07AM

Not only should you pay that 10th year but every year thereafter up to the year before you reach pension age. Each extra year your purchase is worth an index-linked pension of £5.29/week (£275.08/year). If you are employed or self-employed you will be eligible to pay the much cheaper Class 2 contributions of about £160 for each added year. Full details are in HMRC leaflet NI38 'Social Security abroad'.

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