Grandparents childcare credit reconsideration?

Cakeobsessive

Hi both, sorry for not getting back on the thread we’ve just returned home from mums.

its not clear to me how much she’s now likely to get or how buying any remaining years will impact that figure. I think her best course of action is to speak to HMRC directly.

she does get a workplace pension (worked for a large shoe manufacturer directly from school) she is financially ok but unfortunately when her and my father were made redundant (when most uk manufacturing was offshored) he made her stay at home to support him in his new job (which as you can probably imagine involved a lot of travelling teaching that knowledge to those now doing the manufacturing), all would have been well apart from when they divorced not long before her retirement they (he) wanted to sort their own finances and the pensions weren’t equilibrated leaving her with a shortfall and no time to make it up 😞

she is fine but any increase would obviously be welcome.

xylophone

she does get a workplace pension (worked for a large shoe manufacturer directly from school) 

She was born in 1956 and started work around 1970/72?

It is likely that as soon as she became eligible, she would have joined the company pension scheme - it is very likely that such a scheme would have been "contracted out"  of Additional State Pension from 1978  - Clarks, for example, had a contracted out DB scheme and later a DC Scheme with a DB underpin. 

If so, when your mother's starting amount for NSP was calculated at  6/4/16 there would have been an adjustment to reflect this.

Her starting amount would have been the higher  of

Old Rules

NI qualifying years (max 30)/30 x Full Basic State Pension + ( Additional State Pension - Deduction for Contracting Out)

New Rules

{NIQY (max 35)/35 x Full NSP} - Contracted Out Pension Equivalent.

If your mother obtained a state pension forecast before she reached SPA, is a COPE shown?

Are you saying that your mother ceased paid employment in around 2010?

molerat

its not clear to me how much she’s now likely to get or how buying any remaining years will impact that figure. I think her best course of action is to speak to HMRC directly.

HMRC do not deal with the outcome buying years will have, they are purely the revenue collectors, that is down to The Pension Service.

How many years, split pre and post April 2016, does she have ?  That will give a bit of a clue as to how much those credits are likely to add.  Which years are now showing as gaps in her record ?

Cakeobsessive

Hi there, sorry for the radio silence but it was proving impossible to get any further detail from her and the more I pushed the more stressed she was getting about it so I have had to leave it for now!

By way of update though I did get a message from her yesterday to say she has had an increase of £17.62 a week and a lump sum of £1212 and was very pleased about that.

thanks for the advice.