Plentymech Posted January 6, 2013 Share Posted January 6, 2013 A friend of ours recently told us that we should continue to make NI payments in the UK despite making the move to Australia in Feb 2013. I've not heard of this before being a recommended as a means to ensure you “keep a foot” in the UK re NHS. Not sure this is correct and will check but wondering if anyone else has heard this. Many thanks Sorry, title should be insurance, typo. Link to comment Share on other sites More sharing options...
lebourvellec Posted January 6, 2013 Share Posted January 6, 2013 Yes you can still make NI Contributions to build up your 30 years so you can get a pension. It is about £15 per week. http://www.hmrc.gov.uk/ni/volcontr/abroad.htm Link to comment Share on other sites More sharing options...
Plentymech Posted January 6, 2013 Author Share Posted January 6, 2013 Yes you can still make NI Contributions to build up your 30 years so you can get a pension. It is about £15 per week. http://www.hmrc.gov.uk/ni/volcontr/abroad.htm Brilliant! Many thanks for the link, Link to comment Share on other sites More sharing options...
Fisher1 Posted January 6, 2013 Share Posted January 6, 2013 Hi We went abroad for a year in 1985 and my husband decided to resume paying National Insurance contributions when we decided to stay a second year, just in case we stayed longer, mainly for the pension. We stayed away 24 years in the end and he is due a full pension in a year or so. Best money we ever spent - do it!! Link to comment Share on other sites More sharing options...
Guest guest79615 Posted January 6, 2013 Share Posted January 6, 2013 oooh thanks for starting this post, we never thought of this, will get on that too Link to comment Share on other sites More sharing options...
Andrew from Vista Financial Posted January 7, 2013 Share Posted January 7, 2013 Yes it's certainly worth looking at this. From a State Pension point of view start off by obtaining a State Pension Forecast so that you can understand how many qualifying years you have accrued and thus how much your benefits are currently worth. Once you have this you can decide which years you might wish to top up (it's possible to backdate for up to 6 years) remember you now only require 30 years for full Basic State Pension. Also consider applying to pay Class 2 NICs if eligible. Regards Andy Link to comment Share on other sites More sharing options...
Plentymech Posted January 8, 2013 Author Share Posted January 8, 2013 Thank you all for the information. Extremely useful to me and hopefully others. A call is in order to the relevant department but it is very useful going in armed. It also kicked off a big discussion in the office as not everyone, including myself, knew exactly how it worked for UK residents or people. I also just learnt though this that if you're unemployed all your life, the government pay your contributions for you. Doesn't sound correct but thankfully not relevant. Link to comment Share on other sites More sharing options...
Guest GeorgeD Posted January 8, 2013 Share Posted January 8, 2013 Sorry, title should be insurance, typo. I've edited the title for you... Link to comment Share on other sites More sharing options...
Playghirl Posted January 9, 2013 Share Posted January 9, 2013 Hmmm, we are wondering how long the state pension actually will continue for... I have 18 years working in the UK ans want to go back once we have brought the kids up here, so maybe I should also. Hubby has probably paid 25 years... Link to comment Share on other sites More sharing options...
David Kenning Posted January 11, 2013 Share Posted January 11, 2013 Yes it's certainly worth looking at this. Also consider applying to pay Class 2 NICs if eligible. Regards Andy Strongly agree, I was overpaying class three, asked them to look at my case, they put me down to class 2 and saved about £700 a year. Link to comment Share on other sites More sharing options...
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