We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Keep paying NI?

Options

Hi.  My wife is 61 and has just retired from the NHS.  She has 40 years of paying full Ni and the gov.uk pension forecast says she will get full state pension when she reaches the right age (in about 5 or 6 years).  But as she is not working now so she is not paying NI any more.  Will she need voluntarily pay NI for next 5 or 6 years to retain entitlement to full state pension?  Many Thanks. Ewan


Comments

  • molerat
    molerat Posts: 32,277 Forumite
    Name Dropper Photogenic First Post First Anniversary
    edited 14 August 2023 at 12:55PM
    Options
    As long as you are reading the whole of the forecast correctly, not just the big green box at the top, then she need not make any further contributions.  What exactly does the forecast state ? Is it like this including the text below the box ? Or does the text state she needs more contributions to get there ?
  • ewanrj
    Options
    Thanks.  Yes her forecast is exactly as your screenshot above, inc text under green box.  Although clicking on the link to 'View your National Insurance record', it states

    "You have:
    • 46 years of full contributions
    • 5 years to contribute before <date>
    You do not have any gaps in your record."


  • squirrelpie
    squirrelpie Posts: 1,029 Forumite
    First Post First Anniversary Name Dropper
    Options
    ewanrj said:
    Thanks.  Yes her forecast is exactly as your screenshot above, inc text under green box. 

    As long as it says "You cannot improve your forecast any more" then she is fine.
    Although clicking on the link to 'View your National Insurance record', it states

    "You have:
    • 46 years of full contributions
    • 5 years to contribute before <date>
    You do not have any gaps in your record."

    That just means she has to pay NI if she continues working. If she stops, she doesn't need to pay it.
  • Telwap
    Options
    Hello,  my state pension forecast reads the same as above, stating I can't improve further.  I took early retirement in 2019.  My NI record shows 44 years of full,  4 years to contribute and 2 years (2020 to 2021 and 2021 to 2022 both periods after retirement) did not contribute enough.  Do I need to take any action or am I save thinking I paid enough?
  • Easyjet77
    Options
    Telwap said:
    Hello,  my state pension forecast reads the same as above, stating I can't improve further.  I took early retirement in 2019.  My NI record shows 44 years of full,  4 years to contribute and 2 years (2020 to 2021 and 2021 to 2022 both periods after retirement) did not contribute enough.  Do I need to take any action or am I save thinking I paid enough?
    I suggest you start a separate thread with your own query and details. It will avoid confusion and if you give as much info as possible from your forecast,you will receive the correct replies for your own circumstances. 
Meet your Ambassadors

Categories

  • All Categories
  • 344.7K Banking & Borrowing
  • 250.6K Reduce Debt & Boost Income
  • 450.4K Spending & Discounts
  • 236.9K Work, Benefits & Business
  • 610.7K Mortgages, Homes & Bills
  • 173.8K Life & Family
  • 249.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards