Extra National Insurance Contributions.

FLORIDABOY

Silvertabby said:

FLORIDABOY said:

Silvertabby said:

p00hsticks said:

MallyGirl said:

I am sure that Martin didn't say quite what you think you heard about the 35 years. 

I've heard Martin use the phrase '35 years -ISH' and I wish he wouldn't !
Far better to simply say that the number of years will vary depending on your particular circumstances and encourage people to check their own forecasts. 

I watched that programme, and he did keep saying "35 years - ISH" giving the impression that most people would only need 35 years, but that a few may need a couple more or less.  The whole programme could have been very misleading to those who believed his every word to be the absolute truth.  It was probably this programme - and his urging that 'everyone' should contact DWP/Future Pensions as a matter of urgency, to see if they could improve their pensions, that caused the current shambles.  He even seemed quite proud of the fact that the DWP website crashed during his programme.

Back to the "35 - ISH" years, from this board alone the minimum/maximum years have been reported as 28 years and 50 years.

I'm glad I'm not the only one who was a bit mislead by his quotes.

I have a pensions background, so he didn't mislead me - but I could see a lot of viewers being mislead due to a sense of misplaced trust!

To be honest, I spent a lot of time shouting rude words at the screen.....

LOL!!!!!!

Growingold

FLORIDABOY said:

Hi there,
I am getting somewhat confused about whether I need to pay for some extra National Insurance contributions.
when I check on the Gov.uk site, I am showing 42 years of full contributions. However, when I check my pension forecast, it shows my estimated pension is £174 per week. If I contribute another 5 years, my pension will be £203 per week.
My understanding from what Martin Lewis said a few weeks ago was that if you have at least 35 years of full contributions you would receive the full state pension.
Any help or advice will be much appreciated.
Many thanks.

Hi I'm sure you will get advice on this forum but if you are on Facebook at all there is a group you can join called State Pensions. UK  with some very knowledgeable people who may be able to advise too.