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Employer paying for NCI
GREYONE
Posts: 59 Forumite
After this year I have only 3 years of National Insurance Contributions to be paid for the maximum pension. If I am working after the 3 years will my employer just stop paying for this and is it possible I may get a pay rise because of this?
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Comments
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No you will continue to pay and you can’t opt out of NI0
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After this year I have only 3 years of National Insurance Contributions to be paid for the maximum pension. If I am working after the 3 years will my employer just stop paying for this and is it possible I may get a pay rise because of this?
NI doesn't just pay for your pension you know. It pays for other benefits you might be entitled to.0 -
You pay NIC until you reach state pension age; they do NOT just fund your pension, they are unofficially a tax to cover benefits.Know what you don't0
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Thanks for that. I only came aware of the 'funding' when my work coach at the time mentioned it in passing. Thx.0
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