Nov 2019
10:34pm, 20 Nov 2019
305 posts
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Non-runner
So if you work, but don’t earn enough to pay NI, do you still qualify for a pension? Could be a nice big saving for a Govt down the line...
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Nov 2019
7:54am, 21 Nov 2019
6,912 posts
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Too Much Water
The Lower Earnings Limit (which is needed for entitlement to state work related benefits eg SSP or SMP) is lower than the threshold at which one begins to pay NIC. Don’t have the figures to hand but believe the LEL is approx £115 and the threshold to pay NIC is about £160 - all figures weekly |
Nov 2019
12:20pm, 21 Nov 2019
15,599 posts
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Bazoaxe
Some pretty nasty allegations against Salmond.
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Nov 2019
12:56pm, 21 Nov 2019
24,701 posts
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Wriggling Snake
Indeed. LD appear to be taking a step back from the we will stop Brexit whatever, to we will force Bojo in a minority Tory government to have a vote, that is better. |
Nov 2019
1:14pm, 21 Nov 2019
6,689 posts
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paul the builder
Better for who? Better for the Lib Dems? Maybe. Better for the country? Oh. |
Nov 2019
1:21pm, 21 Nov 2019
18,970 posts
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DeeGee
I've not had a chance to read the news today. Is there a link to Ms Swinson's avowed commitment to enable the Tories again? Because if there is, I've got a standing order to cancel.
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Nov 2019
1:36pm, 21 Nov 2019
18,971 posts
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DeeGee
No, overreaction on my part. A minority Tory government isn't a ConDem coalition. itv.com
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Nov 2019
1:58pm, 21 Nov 2019
11,475 posts
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Cerrertonia
The relationship between NI and pensions is too complicated to fully explain in one post. You need 35 years of NI contributions to get the full state pension, but you get credited for a certain number of years in full-time education. You get credited for the year if you're getting child benefit but not working (stay at home parents) or if you're unemployed. If you're working part-time or on a temporary basis, it's possible to be paying some NI, but not enough to actually count as a year's contributions. Working 3 days per week on adult minimum wage is past the point at which you're counted for the year. Once you've hit 35 years, extra contributions don't get you anything extra, so most people can afford to miss a few years between the ages of 16 and 65-68 without ill effect. People who miss out on the full state pension are mostly those who have been out of the UK for a chunk of their adult life. |
Nov 2019
2:31pm, 21 Nov 2019
1,390 posts
|
um
Not quite that easy Cerrertonia - or gov.uk is misleading me. According to them I have 46 years of full contributions 2 years to contribute before 5 April 2021 1 year when you did not contribute enough (2018/19) Currently my pension 'forecast' is £139/week, and I can get an extra (well, just under) £5 a week for each of the 3 remaining years, if i pay the qualifying amount. Are there date limits to the 35 years? |
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Nov 2019
2:38pm, 21 Nov 2019
11,476 posts
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Cerrertonia
Did you contract out of the S2P/Serps scheme at some point, um, so that some of your payments went into a private pension? If you call the Future Pension Centre, they're pretty helpful and will send you a full breakdown of what you paid and what you will get. |
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