How many years are required to get full state pension?

molerat

[Deleted User] said:

molerat Said

Those missing pre 2016 years made no difference to your pension forecast.  You do not need to (and must not !) pay those pre 2016 years as they will make no difference to your pension amount.  The 2 post 2016 years, 20-21 and 21-22, on the other hand will add the £10.58 to your pension bringing you just £1.75 short of the max.  Do the sums, a one off £1213.90 will pay you £10.58 per week for the rest of your life - equivalent to a 45% annuity.  After 115 weeks you are in profit even ignoring the inflationary increases.

Yes I fully Agree with him. If I pay £1213.90 will pay you £10.58 per week .

The problem with this is that during those years. I was unemployed and receiving benefit. Does this mean i still have to pay even though I should not? My complaint all along is that I should not have any missing payments.

So you have been unemployed since 2007 and claiming unemployment benefit constantly since then ?

If so you need to query 20-21 with DWP, if you were receiving benefit for 52 weeks then you should have 52 weeks credits. 21-22 will unlikely be updated until October.

Linton

You say that you now have 40 years NI and have been unemployed 2007-2021 inclusive=15 years.  Therefore you have 25 years employed NI in the period up to 2006.

Is my maths correct?

In the 25 years employed were you contracted out of SERPS eg because you had a DB pension?

If so the extra years you are having to pay could be nothing to do with your unemployed NI credits but rather because you accrued less than the standard pension as you were paying a lower rate of NI.

QrizB

Linton said:

If so the extra years you are having to pay could be nothing to do with your unemployed NI credits but rather because you accrued less than the standard pension as you were paying a lower rate of NI.

OP previously posted details of their NI record that they had obtained in writing from the government. These showed that their latest two years - 20202-21 and 2021-22 - were not fully paid despite OP stating they'd been on benefits (ESA, IIRC) that should pay NI credits automatically.

Linton

QrizB said:

Linton said:

If so the extra years you are having to pay could be nothing to do with your unemployed NI credits but rather because you accrued less than the standard pension as you were paying a lower rate of NI.

OP previously posted details of their NI record that they had obtained in writing from the government. These showed that their latest two years - 20202-21 and 2021-22 - were not fully paid despite OP stating they'd been on benefits (ESA, IIRC) that should pay NI credits automatically.

Yes, there are 2 separate concerns raised by the OP.  One was the "why 40+ years when it should be 35?".The NI record would show any DB years as "fully paid" even if they did not give entitlement to the full new standard pension.

The 2 recent years is a different problem.  Has the data for 21/22 actually been included in the NI records yet?  It hadnt been perhaps a month ago.

Nebulous2

Linton said:

QrizB said:

Linton said:

If so the extra years you are having to pay could be nothing to do with your unemployed NI credits but rather because you accrued less than the standard pension as you were paying a lower rate of NI.

OP previously posted details of their NI record that they had obtained in writing from the government. These showed that their latest two years - 20202-21 and 2021-22 - were not fully paid despite OP stating they'd been on benefits (ESA, IIRC) that should pay NI credits automatically.

Yes, there are 2 separate concerns raised by the OP.  One was the "why 40+ years when it should be 35?".The NI record would show any DB years as "fully paid" even if they did not give entitlement to the full new standard pension.

The 2 recent years is a different problem.  Has the data for 21/22 actually been included in the NI records yet?  It hadnt been perhaps a month ago.

I've just checked mine, and it has been added. I need this year to get an additional 79p a week, and then I have a full new state pension.....

SouthCoastBoy

Mine has also been added.

[Deleted User]

Here is an interesting question. A man retires in 2016 and has 35 years NI contributions. He is Fine. But if he retires one year later he is screwed. because he has to go back to work for another four years.

jem16

[Deleted User] said:

Here is an interesting question. A man retires in 2016 and has 35 years NI contributions. He is Fine. But if he retires one year later he is screwed. because he has to go back to work for another four years.

Why would he need to do that if he didn’t the year before? He will be getting exactly the same amount or at most £5.29pw less if he worked that extra year. He may even be getting more if he didn’t contract out but didn’t have a great deal of additional pension. 

[Deleted User]

Okay

I don’t know why I was told that paying voluntary contributions before 2016 would make no difference but having said that, I have written strong letters to my local MP over this and all the pre 2016 years have now been corrected. Just leaves 2020-21 and 2021-22 which are universal credit and as I have been told by UC.

28th June QUOTE from UC about the two years missing.

“I have looked into your query regarding your National Insurance credits. It has been confirmed this is a known issue and a solution is being progressed to resolve this." 

Stubod

molerat said:

The big problem seems to be that many just read the headlines in 2016 and thought excellent, I have more than 35 years so I don't need to do anything more and went back to sleep.  Along comes 4 months before SPA and they get a nasty shock.  I personally started taking a real interest in my SP when I stopped working in 2009, with then 10 years to go, getting a new forecast every year.  A couple of roller coasters along the way, 2011 and 2016, but now quite content that I am getting more than that first forecast just a little later.

..exactly this, as many recent posts seem to testify. I have friends that are quite financially savy and seem surprised when I point out they really do need to check their SP online as they all just assume they will get the full amount!

I recently topped up mine and Mrs SB and the SP forecast was updated within days after the payment. (Always a bit dsiconcerting when you have made the payment and don't get any acknowledgement back)...