Published On: Sun, Jun 21st, 2020

State Pension: How many years of NI contribution for full a full State Pension? | Personal Finance | Finance

Featured Offers

Legal Notice: Product prices and availability are subject to change. Visit corresponding website for more details. Trade marks & images are copyrighted by their respective owners.

The rules for state pensions changed in 2016, meaning that the old rules no longer apply.

You will need to show at least 10 years of National Insurance contributions to access any form of State Pension.

However, in order to access the total State Pension amount, which is £134.25 a week, claimants will need to have contributed for 35 years.

For people who have contributed between 10 and 35 years, they are entitled to a portion of the new State Pension.

For a qualifying year, you generally need to earn a minimum amount of money during a given team year, which runs from April 6 to April 5, and pay the required NI contributions.

Source link

Clickbank Guide & Tools