How to calculate NI contribution top up to get full pension

peweuk

Currently my wife gets less than the full weekly amount for state pension, but has a number of missing years.
The HMRC site tells us how may years she can top up, and the amount, but not how much each year would add to her weekly amount.
Where can I get the information to help calculate how many years are required to top her up to the full weekly amount.

molerat

Each post 2016 year will add 1 / 35th of £221.20 so £6.32 up to the max £221.20.  Pre 2016 years will add £0, £5.35 or £6.32 depending on particular circumstances.  Does she have post 2016 gaps ?  Only post 2016 years will definitely add to her pension, pre 2016 years may or may not. Just because the NI record shows a pre 2016 year is available to fill does not necessarily mean it will add value. Post up some info and people will point you in the right direction.

Current weekly £££.pp amount.
Number of full NI years 15-16 and earlier
Number of full NI years 16-17 and later
Was she  in a contracted-out pension scheme
Years which show not full and prices

peweuk

molerat said:

Each post 2016 year will add 1 / 35th of £221.20 so £6.32 up to the max £221.20.  Pre 2016 years will add £0, £5.35 or £6.32 depending on particular circumstances.  Does she have post 2016 gaps ?  Only post 2016 years will definitely add to her pension, pre 2016 years may or may not. Just because the NI record shows a pre 2016 year is available to fill does not necessarily mean it will add value. Post up some info and people will point you in the right direction.

Current weekly £££.pp amount.
Number of full NI years 15-16 and earlier
Number of full NI years 16-17 and later
Was she  in a contracted-out pension scheme
Years which show not full and prices

Thanks.
By my calculation based on these figures she would need to contribute 5 years backpayments to top up her current pension to the max. It would then take 2.8 years at the higher weekly amount for her to get her money back (capital + lost interest), thereafter she would be in profit. So assuming she lives for at least 3 years she woulld benefit