Social Media Posted November 1, 2022 Share Posted November 1, 2022 For those approaching pension age ! This may be very useful information. Link to comment Share on other sites More sharing options...
BritManToo Posted November 1, 2022 Share Posted November 1, 2022 Years before 2016 (old pension) will probably not increase your pension. So buying years from 2006-2016 are not worthwhile. Link to comment Share on other sites More sharing options...
simon43 Posted November 1, 2022 Share Posted November 1, 2022 17 minutes ago, BritManToo said: Years before 2016 (old pension) will probably not increase your pension. So buying years from 2006-2016 are not worthwhile. Last year, I was able to buy years right back to 2004! No idea how the system worked, having been outside the UK since 2002. But I applied to pay the cheapie class 3 (I think that's the correct number for self-employed), and was able to pay about $3,000 to bring my NI contribution years up to about 28 by the time I retire in 2.5 years from now. Link to comment Share on other sites More sharing options...
OJAS Posted November 1, 2022 Share Posted November 1, 2022 (edited) In any event it's surely best, generally speaking, for prospective State pensioners in Thailand to defer applying until AFTER April (like I did way back when) so that, all being well, they will benefit from at least 1 triple-lock increase before their State pensions are placed in the freezer. Edited November 1, 2022 by OJAS Link to comment Share on other sites More sharing options...
BritManToo Posted November 1, 2022 Share Posted November 1, 2022 48 minutes ago, OJAS said: In any event it's surely best, generally speaking, for prospective State pensioners in Thailand to defer applying until AFTER April (like I did way back when) so that, all being well, they will benefit from at least 1 triple-lock increase before their State pensions are placed in the freezer. Or just not tell them you're living outside the UK. 1 Link to comment Share on other sites More sharing options...
bert bloggs Posted November 2, 2022 Share Posted November 2, 2022 On 11/1/2022 at 8:42 AM, BritManToo said: Or just not tell them you're living outside the UK. I am sure no pensoners over here do that ,do they? Well a one or two dont,lol Link to comment Share on other sites More sharing options...
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