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37NI Contributions will only count towards state pension if they are paid for a complete tax year. Any contributions paid/credited for part of the tax year do not count unless the voluntary contributions for the missing/remaining months are paid.
Posted on 03 May 2012 |
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878So far as the part year until you left work is concerned, that would count if you paid enough contributions. There is a minimum level to count for pension. If you paid at least that then the whole year counts.
Are you able to claim Home Responsibilty? That would credit you for pension purposes if you are not seeking employment. You would need a young child for that.
The other thing to bear in mind is that you only need 30 years accrual for a full basic pension currently, which is not much more than half the working life of 52 years officially projected and which I expect to rise to 54 years before long. That 30 years includes any Home Responsibilty added.
Mike
Posted on 03 May 2012 |
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