Are There Peeps Who Work For Hmrc?

[norfolkbird]

We have to have 35yrs NI contributions to get the full state pension which is calculated at £179. Yet my friend took early retirement and has 42 yrs contributions but has a calculation of £140 !

[Peter Pedant]

oh - bad luck
like me then

this is a third party inquiry and these are marked by inaccurate or later corrected info - my guess - he contracted out of serps as a result of this employment
but
HMRC is not involved in this
so HMRC peeps can own up and give the time honoured answer
" narfin to do wiv me guv, try NI "

we dont know his contribution history and neither do you
I took a year out at age 24 to work selflesslly for charity and totally screwed my pension at 65 - that would be 41 y later - I knew what I had done at age 27

poo happens

[davebro]

When did your friend retire? If it was before the current legislation was enacted their pension will have been calculated under the old regs & continue at that rate (with minor annual increases). The maximum would currently be about £150 pw.

[bobbinwales]

Not sure if am one of the peeps but maybe your freind had been in a contracted out company scheme so paying lower NI

[bobbinwales]

//We have to have 35yrs NI contributions to get the full state pension which is calculated at £179. //
Where did you get that info from. That might of been the case once tho dont remember it but its not now. The NI forecast site is good

[Peter Pedant]

hi bo bo - yeah
I get less than some dossaz - having contributed etc (usual tear jerking script follows)
and none of it goes on meths

( contracted out of SERPS - state second pension, and didnt have a choice)

[Peter Pedant]

no - yes - they get 179 and I get 140

[poorclare]

Are you on Meths Peter ? your posting give that impression.
perhaps I am wrong, after all I am only human.

[norfolkbird]

He retired in 2018, did opt out of serps if that makes a difference, he worked continually for 42 yrs, I'm asking because I only have 39 yrs and no private pension,

[norfolkbird]

I got my info from logging in to check my NI contributions, and it says my projected pension will be 179 in 2027 as have paid my 35 yrs . So if I finished work now I will get my full pension in 2027

[THECORBYLOON]

Did he reach state retirement age in 2018?

[bobbinwales]

Nofokbird. Your forecast statement on govuk should also say what youll get at retirement based on ni contrabutions so far