Buying additional years of National Insurance contributions

Tue, Apr 14, 2009


From 6 April changes introduced by the Pensions Act 2008 give some people the right to buy up to an additional six years of voluntary Class 3 National Insurance contributions to boost their State Pension. These years are over and above those that can already be bought.

The new measure applies to individuals who:

  • reach State Pension age between 6 April 2008 and 5 April 2015
  • already have 20 qualifying years (including any full tax years of Home Responsibilities Protection)

Individuals who reach State Pension age between 6 April 2008 and 5 April 2010 must have at least one qualifying year from paid or treated as paid National Insurance contributions and/or earnings.

Full details of the new option to purchase additional years of NIC are available here.

Recommended Reading

Featured book

A Practical Guide to Insolvency by Kavanagh Fennell now available on the iBookstore This easy-to-use guide to the complexities of insolvency in Ireland for business managers, accountants, and other professionals, previously published in paperback, is available for your iPad in the iBookstore and for your Kobo eReader from KoboBooks.

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