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Written on: 06.11.2009 [14:02]
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Harold
Harold
Topic creator
Posts: 1
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Can anyone tell me the latest on calculating state pension qualifying years? Is it still everything between sixteen and retirement or just thirty years?
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Written on: 12.11.2009 [15:56]
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Jay
Jay
Posts: 4
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A qualifying year is a year when you earn enough to pay National Insurance contributions. Currently you'll pay these contributions if you earn more than about £5,000 a year. You'll need thirty qualifying years between sixteen and sixty-five (assuming you retire around 2020: much later than that and the State Pension Age will be higher). If you have thirty years you'll get the full state pension. You can also get National Insurance credits if you don't earn enough or you're unable to work, so most people should be entitled to a full pension.
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