Paying Voluntary NI contributions.

Tax_Slave

My wife had gaps in her NI record and we have been paying these off.
Last year 2021/2022 it cost £800’ish and this year it was £824.20 for 2022/2023.
We made the payment 10 days ago and her NI record shows 2022/2023 now paid up/full years NI.

She now has 34 years of NI paid and I understand she is now 1 year short of the 35 years.

Looking at her pension forecast it shows she is £8.94 short or full amount pension of £221.20.
1) So the next payment for missing year will add £8.94 
or
2) The pension forecast doesn’t include the latest payment we made 10 days ago.
Can the NI record update before the pension forecast does or are the computers linked and they both update at same time to show a NI payment for a gap year?

Thanks 
Kevin 

molerat

35 years is of no relevance to anyone with a pre 2016 NI history.  

How many tears does the forecast state she needs to reach the full amount ? The forecast always shows that - what did it show previously ? The pension forecast should update at the same time as the NI record updates.

Was she in a contracted out pension scheme ? - more than likely.  Her forecast will state that she was contacted out with a click link to a COPE amount.  If contracted out for more than a very short period she will need more than 35 years.

Marcon

Tax_Slave said:

My wife had gaps in her NI record and we have been paying these off.
Last year 2021/2022 it cost £800’ish and this year it was £824.20 for 2022/2023.
We made the payment 10 days ago and her NI record shows 2022/2023 now paid up/full years NI.

She now has 34 years of NI paid and I understand she is now 1 year short of the 35 years.

Looking at her pension forecast it shows she is £8.94 short or full amount pension of £221.20.
1) So the next payment for missing year will add £8.94 
or
2) The pension forecast doesn’t include the latest payment we made 10 days ago.
Can the NI record update before the pension forecast does or are the computers linked and they both update at same time to show a NI payment for a gap year?

Thanks 
Kevin 

Why does she think she needs 35 years?

Dazed_and_C0nfused

Tax_Slave said:

My wife had gaps in her NI record and we have been paying these off.
Last year 2021/2022 it cost £800’ish and this year it was £824.20 for 2022/2023.
We made the payment 10 days ago and her NI record shows 2022/2023 now paid up/full years NI.

She now has 34 years of NI paid and I understand she is now 1 year short of the 35 years.

Looking at her pension forecast it shows she is £8.94 short or full amount pension of £221.20.
1) So the next payment for missing year will add £8.94 
or
2) The pension forecast doesn’t include the latest payment we made 10 days ago.
Can the NI record update before the pension forecast does or are the computers linked and they both update at same time to show a NI payment for a gap year?

Thanks 
Kevin 

You are starting off with a total misunderstanding of how the new State Pension works.

Only those starting to build up an NI record from April 2016 need 35 years.

She will have her own bespoke number.

Tax_Slave

Dazed_and_C0nfused said:

Tax_Slave said:

My wife had gaps in her NI record and we have been paying these off.
Last year 2021/2022 it cost £800’ish and this year it was £824.20 for 2022/2023.
We made the payment 10 days ago and her NI record shows 2022/2023 now paid up/full years NI.

She now has 34 years of NI paid and I understand she is now 1 year short of the 35 years.

Looking at her pension forecast it shows she is £8.94 short or full amount pension of £221.20.
1) So the next payment for missing year will add £8.94 
or
2) The pension forecast doesn’t include the latest payment we made 10 days ago.
Can the NI record update before the pension forecast does or are the computers linked and they both update at same time to show a NI payment for a gap year?

Thanks 
Kevin 

You are starting off with a total misunderstanding of how the new State Pension works.

Only those starting to build up an NI record from April 2016 need 35 years.

She will have her own bespoke number.

How would she find out her bespoke number?

Looking further at the pension forecast it says ‘2 missing years for a full pension’.
So I presume it’s 2 years if the 2022/2023 payment we made 10 days ago is not included or 1 year short after it’s included or it is included already (10 days after payment) and we have 2 years to pay.

Tax_Slave

molerat said:

35 years is of no relevance to anyone with a pre 2016 NI history.  

How many tears does the forecast state she needs to reach the full amount ? The forecast always shows that - what did it show previously ? The pension forecast should update at the same time as the NI record updates.

Was she in a contracted out pension scheme ? - more than likely.  Her forecast will state that she was contacted out with a click link to a COPE amount.  If contracted out for more than a very short period she will need more than 35 years.

Sorry I missed your first reply.
Forecast says 2 years short, so she will need to make another 2 years payments then aka 37 years NI contributions.
She was contracted out, yes.

Makes sense now - thanks for reply.

badmemory

It is quite unlikely that a very recent payment is showing on her account already.

Dazed_and_C0nfused

Tax_Slave said:

Dazed_and_C0nfused said:

Tax_Slave said:

My wife had gaps in her NI record and we have been paying these off.
Last year 2021/2022 it cost £800’ish and this year it was £824.20 for 2022/2023.
We made the payment 10 days ago and her NI record shows 2022/2023 now paid up/full years NI.

She now has 34 years of NI paid and I understand she is now 1 year short of the 35 years.

Looking at her pension forecast it shows she is £8.94 short or full amount pension of £221.20.
1) So the next payment for missing year will add £8.94 
or
2) The pension forecast doesn’t include the latest payment we made 10 days ago.
Can the NI record update before the pension forecast does or are the computers linked and they both update at same time to show a NI payment for a gap year?

Thanks 
Kevin 

You are starting off with a total misunderstanding of how the new State Pension works.

Only those starting to build up an NI record from April 2016 need 35 years.

She will have her own bespoke number.

How would she find out her bespoke number?

Looking further at the pension forecast it says ‘2 missing years for a full pension’.
So I presume it’s 2 years if the 2022/2023 payment we made 10 days ago is not included or 1 year short after it’s included or it is included already (10 days after payment) and we have 2 years to pay.

Assuming the very recent payment isn't yet factored in then that will take her to £218.58/week.

And one further year will add the final £2.62/week (it's capped at that, she doesn't get the full £6.32/week increase like she does with the first year).