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Small shortfall in Pension Benefit...
LULULU1
Posts: 462 Forumite
My pension is due in 2029 but I am now retired.
My maximum pension is £221.20 per week and my current estimate is £218.71 per week.
I am 62 and have full national insurance payments paid but was opted out by my company Royal Mail.
My question is how do I make up this small shortfall if possible.
Many thanks
My maximum pension is £221.20 per week and my current estimate is £218.71 per week.
I am 62 and have full national insurance payments paid but was opted out by my company Royal Mail.
My question is how do I make up this small shortfall if possible.
Many thanks
0
Comments
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You pay 1 year of class 3 voluntary contributions. The price will be shown in your NI record, only years 2016-17 and later will count so look for the cheapest there. You may be able to check and pay on line through your personal tax account.
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Another potential option that may be available if by any chance you look after grandchildren while parents work is to claim childcare creditsmolerat said:You pay 1 year of class 3 voluntary contributions.
Apply for Specified Adult Childcare credits - GOV.UK (www.gov.uk)
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