State pension warning: Britons urged to check National Insurance record – do you qualify?

1 min


94
14 shares, 94 points

Author:
This post originally appeared on Daily Express :: Finance Feed

State pension warning: Britons urged to check National Insurance record - do you qualify?

So, any pay periods where a person has earned under the lower earnings limit will not count towards the total.

Similarly, there is a slightly different rule for self-employed individuals to bear in mind when it comes to qualifying years of National Insurance.

Advertisements

At present, the self-employed must earn at least £125 per week, or £6,515 across the year to be counted towards their state pension.

What is important to note, however, is that qualifying years do not have to be consecutive, meaning work breaks are possible.

Advertisements

Like it? Share with your friends!

94
14 shares, 94 points

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win

0 Comments

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.