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kingalfred

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    How to pay missing UK National Insurance payments from Thailand?

    in Jobs, Economy, Banking, Business, Investments

    Posted

    Do not believe that 30 years payments will give you maximum pension. Things have changed drastically recently with the new pension coming into force. I thought the same thing in so much as I would get the reckoned maximum figure of £150 a week. Wrong!! After asking them for a quote last summer before moving here, I am only entitled to around £130 a week. Even on their breakdown of how it is calculated, I am totally baffled after paying in for over 30 years. I retired last year at 60 and will have to wait until I am 66 to start receiving this pension.
    If you're entitled to £130 it means that you have 30 qualifying years.

    The intent to increase to needing 35 qualifying years was announced over 3 year ago. You can still make voluntary contributions to add the missing 5 years.

    And unless you are in bad health it is a very good idea as the break even is only 5 years.

    They way I understand it under the new rules, the 35 years of contributions rule only affects those people who have not made any previous contributions, those who have already made contributions still only need to make 30 years of payments.

    This is from the gov.uk website:

    You didnt make National Insurance contributions or get National Insurance credits before 6 April 2016

    Your State Pension will be calculated entirely under the new State Pension rules.

    Youll usually need at least 10 qualifying years on your National Insurance record to get any State Pension.

    Youll need 35 qualifying years to get the full new State Pension.

    Youll get a proportion of the new State Pension if you have between 10 and 35 qualifying years.

    Example

    You have 20 qualifying years on your National Insurance record after 6 April 2016.

    You multiply 20 qualifying years by £4.44 (which is £155.65 divided by 35).

    Your new State Pension will be £88.80 per week.

    Your new State Pension is more likely to be calculated in this way if you were born after the year 2000 or became a resident of the UK after 2015.

    The first and the last lines read to me that 35 years is only for those just starting their contribution payments.

    That is not a correct reading.

    To get the full new pension you need 35 years

    for the old pension 30 years.

    If you do not have enough qualify years for the new pension you can make voluntary payments

    https://www.gov.uk/voluntary-national-insurance-contributions/top-up-your-state-pension

    Having gone through the government website I'm inclined to think that you're right. The annoying thing about this is that I had previously paid up 33 years worth of contributions most of which were voluntary and got a refund when they first introduced the 30 year rule. Looks like I'll have to give it them back again now at the newer, higher rate.

    The website states "you can only "top up" if born before dates in 1951 and 1953. What is the situation if born after that and have 30 years NI contributions but need 35 years to get a full pension?

    Bangkok aims to cut water consumption by 20 percent to cope with drought

    in Thailand News

    Posted

    Great News, no stupid water guns and buckets of water during songkran, as the public will use water sparingly wink.png . Fine those 10,000 Baht each that break the law. Oops there was me thinking there was going to be change. Wake up LG nothing will change.

    I was waiting for the songkran haters, didn't take long...

    So you really think that if there's no water at all in many parts of thailand they still will throw it at you during songkran? Think again.

    haters? No water management is the term!

    True visions are hitting me for a cancellation fee. Who can I complain to?

    in IT and Computers

    Posted

    Look at this package True offer me on their True-h mobile app. 799baht for true visions+30kpbs internet+a phone package . Is it too good to be true? attachicon.gifImageUploadedByThaivisa Connect1454169435.290915.jpg

    Yes I have this, except 30Mb/s-3Mb/s internet, + basic TV package and a free SIM card with 150 mins of calls per month. There is also the option of a land-line type phone which I did not need. Plus VAT so about 855 baht/month. There was some first time charge for the extra speed internet and a deposit for the hardware which I may have got refunded, can't remember. All installed for free although they tried to hit me up for an extra charge for 'extra wiring'.... until I told them to take it down and go away, then they relented. Free installation means free installation!

    I was told the minimum contract was 1 year and beyond that there were no charges for cancellation..... haven't tested that yet! Fortunately I did not, nor was I asked to, set up any direct debit or auto-payment. I was warned many years ago that these are difficult to cancel.

    thanks. They havent told me about deposit and first time charge. Please tell the extra cost!
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