National Insurance contributions for Primary Carers - how to claim/transfer

tabath

My forecast is £177.01 per week on 1st Nov 2031 if I conitnue to contribute till then.

The estimate based on my contributions uptil April 2022 is £129.40 per week.

I have COPE of £14.83 per week

tabath

molerat said:

tabath said:

xylophone said:

What exactly does your state pension forecast say?

https://www.gov.uk/check-state-pension

It says I've got 27 years full contributions , I'm nearly 58 .

35years is of no real relevance to you. What £ value does it show you as currently having ?

You mention being a teacher so possibly in the TPS which is a contracted out scheme and sets some limitations on pre 2016 contributions but I assume you are currently employed and making contributions post 2016.  Your pension forecast should show a COPE amount via a click link in the "you were in a contracted out pension" section. How are your years split pre and post 2016 ?

I have been working since 2019 as a teacher after a long absence , I think the last supply work I did was 2009. My COPE is £14.83 per week

tabath

My predicted pension if I continue to contribute is £177.01 on november 2031.

Based on my contributions to Apr 2022 it is  estimated to be £129.40 per week.


My COPE is £14.83 per week

molerat

And the number of years pre and post 2016 ? Very important as to what it is worth you claiming for. Although with only a £14.83 COPE additional pre 2016 years could swing the starting amount to the new calculation.

tabath

molerat said:

And the number of years pre and post 2016 ? Very important as to what it is worth you claiming for. Although with only a £14.83 COPE additional pre 2016 years could swing the starting amount to the new calculation.

I've got 3 years post 2016 and 24 before

molerat

Because of your low COPE and S2P amounts you are not constrained by the 30 year pre 2016 rule so anything you can get up to another 11 pre 2016 years will be of benefit to you, if you can get the full 11 you only need another 1 year to reach the max.

So my son was born in 2001 apr, so I can claim upto 2013 apr for him? Or is it up to apr 2017 as he was born before 2010? Apparently for claims for years before 2010 its a different form - form CF411

Only up to age 12, purely down to age relevant at the time.

tabath

molerat said:

Because of your low COPE and S2P amounts you are not constrained by the 30 year pre 2016 rule so anything you can get up to another 11 pre 2016 years will be of benefit to you, if you can get the full 11 you only need another 1 year to reach the max.

So my son was born in 2001 apr, so I can claim upto 2013 apr for him? Or is it up to apr 2017 as he was born before 2010? Apparently for claims for years before 2010 its a different form - form CF411

Only up to age 12, purely down to age relevant at the time.

What does S2P mean?

molerat

What does S2P mean?

General term for second state pension / additional state pension / graduated pension.

The pension you would have been "contracted out" of whilst in the TPS.

Your 2016 starting amount was the higher of the old scheme amount + S2P (which had already been adjusted for contracting out) or the new scheme amount - COPE which by my calculation stood at £95.46 old or £91.90 new.

p00hsticks

molerat said:

NannaH said:

I doubt there is any way of retrospectively claiming CB credits as your Wife was the one receiving it,  she should have transferred it to you at the time you weren’t working.  

It certainly is a viable option, that is what the form I linked to is for.

As that form says though, usually you can only claim for the previous tax years credits to be transferred - only further back if  HMRC consider that there are extenuating circumstances - I'm not sure that simply being unaware that the child benefit shoud be claimed by one party rather than the other would be considered sufficient. It's worth a try though.

p00hsticks

tabath said:

molerat said:

And the number of years pre and post 2016 ? Very important as to what it is worth you claiming for. Although with only a £14.83 COPE additional pre 2016 years could swing the starting amount to the new calculation.

I've got 3 years post 2016 and 24 before

In that case, filling in any gaps for at least six pre-2016 years would boost your pension - more than six may or may not have any effect.

Note that the window for paying voluntary NI contributions going back for more than six years closes at the end of this tax year (April 5th 2023) (there was a temporary extension allowing you to go back to 2006 when the new state pension was introduced). Therefore you need to move quite fast to see if you can get your credits transferred as if you can afford it paying to make up some of the missing years is a very good fallback option if you cannot get the credits.

Speak to the Future Pensions Centre for advice on which gaps are worh buying

https://www.gov.uk/future-pension-centre

(or post back here if you have no luck getting the credits, giving full details of your forecast and NI record and people will be able to help)