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£275?

On Martin’s TV show and web page concerning Voluntary National Insurance Contributions he quotes-for every £800 per year payment you receive £275 per year. This would put my monthly pension income over the full pension amount? Is the £275 an arbitrary  amount?

Comments

  • No, it's £5.29/week (x 52 = £275.08).

    But most people cannot exceed £185.15/week so the final year might only add a penny.
  • Simon11
    Simon11 Posts: 793 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    There are lots of butts and ifs. Only need to do this if you have a gap in your NI and aren't able to fill all your NI years by the time you retire at the statement pension age.
    "No likey no need to hit thanks button!":p
    However its always nice to be thanked if you feel mine and other people's posts here offer great advice:D So hit the button if you likey:rotfl:
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