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State Pension, buying back missing years, restricted to 2006-2016?
Comments
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If your forecast or pension is below the maximum then paying any year 2016/17 or later will increase it but because of the how the transitional rules work to move you from the old rules to the new rules on 6 April 2016, filling gaps 2015/16 and earlier may, or may not, increase your forecast. As you were contracted out of the second state pension, paying instead into a workplace or private pension, it is almost certain that your transitional amount will be based on the old rules, and that accumulating more that 30 NI years up to and including 2015/16 will not increase your pension. The advice you have been given, although particularly transparent, would appear to be correct1
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Thanks for your explanation, it’s a pity they are unable to give a detailed reply explaining this as they must get lots of people asking this question, as confirmed by the person I spoke to.1
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