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| Extending the right to buy back National Insurance contributions | | Author(s) | Chris Curry |
| Corporate Author | Pensions Policy Institute - PPI |
| Publisher | Pensions Policy Institute - PPI (Electronic format only), London, October 2008 |
| Pages | 4 pp (PPI briefing note, no 47) |
| Source | Download from: http://www.pensionspolicyinstitute.org.uk Pensions Policy Institute, King's College, 3rd Floor, 26 Drury Lane, London WC2B 5RL. |
| Keywords | Pensions ; National insurance contributions. |
| Annotation | PPI Briefing Notes clarify topical issues in pensions policy. From 2010, the number of years of National Insurance contributions (NICs) needed in order to qualify for a full Basic State Pension (BSP) will be reduced from 39 years for women and 44 years for men to a total of 30 years for both. However, people reaching State Pension Age (SPA) before 4 April 2010 will still need to have contributed for 39 or 44 years to qualify for a full BSP. This Briefing Note explores the potential advantages, disadvantages and costs of implementing this amendment to NICs. (RH) |
| Accession Number | CPA-081030001 E |
| Classmark | JJ: JBC * |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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