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National insurance contributions
Dex58
Posts: 24 Forumite
Please forgive this trivial self indulgent question but I haven’t had any success with google.
I’m checking my NI record on Gov gateway & I have 49 full years of contributions with one more year to pay before I reach state pension age on 6/4/24. I know that NI is deducted from age 16 to 66 (in my case) but can everyone achieve 50 FULL years of contributions or is it only possible if your birthday coincides with the financial year? & might I be amongst the first?
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Comments
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No, not everyone. Most people have a final, partial year which does not count for SP purposes.However, counteracting this is the fact that most people currently under SPA will be reaching SPA at 67 or 68, so they will be able to achieve 50 years of contributions even if their final partial year doesn't count.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.1 -
My state pension is due Jan 24 (hooray!), I have 50 full years2 Separate arrays, 7 x JASolar 380w panels (2.66kWp) south facing, 4 x JASolar 380w panels (1.52kWp) east facing, 11 x Tigo optimizers & cloud, Growatt SPH5000, Growatt 6.5kWh Hybrid battery (Go-live 01/12/21) - Additional reporting via Solar Assistant.1
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