Possible rewrites: - The Possibility of Falling Short of a Full State Pension Despite 35 Years of National Insurance Contributions - How You Could Miss Out on a Full State Pension Despite Meeting the 35-Year National Insurance Threshold - Reasons Why You May Not Receive the Full State Pension Even if You've Contributed 35 Years to National Insurance - The Risk of Not Qualifying for a Full State Pension Even After 35 Years of Paying National Insurance Contributions - When 35 Years of National Insurance Payments May Not Guarantee a Full State Pension
Even if your State Pension forecast shows you as having paid 35 years of National Insurance Contributions you might not get a full State Pension. There was a big change to the State Pension system back in 2016 and this has resulted in the government trying to make things simpler going forward but with lots of complications in trying to cobble together all of the old rules. Let me explain why you might not have built up a full State Pension even though you have 35 years on your record and what you can do about it. You might not get a full State Pension if you contracted out. Your State Pension forecast will show you your current position. The full new State Pension which was brought in on the 6th April 2016 is currently £179.60 per week (2021/22 tax year). Normally, you need to have paid 35 years of National Insurance contributions to qualify for the full new State Pension. However. Back in the day many workplaces offered pension schemes that allowed you t...