How To Safeguard A Pension When You Work Abroad

Joey122

Hello,

I have about five years of NI contributions that I have made over the years.

I m still in my late twenties.

I am thinking of moving abroad to US to work and might stay there forever

How do i safeguard my pension so when I retire I have a UK pension? I understand that I can make NI contributions - Does anyone how much these are?

Thanks

seven-day-weekend

You can make Voluntary Contributions which are about £7.50 a week.

Joey122

Any ideas much appreciated.

Thanks

EdInvestor

If you are working overseas you can pay class 2 contributions, which are much cheaper - more like 2 pounds a week. Bargain

Cook_County

If you working/living in the US the totalisation agreement between the 2 countries gives you partial benefits even if you do not qualify under UK domestic rules. I would suggest reading up further on the totalisation agreement as it can become quite complex.