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Full UK State pension contributions not 35 years? Explanation.
Posted: Tue Dec 05, 2023 6:46 am
by banders
I had to make 37 years of contributions before I was entitled to a full UK pension. But there appears to actually be a reason...
https://uk.finance.yahoo.com/news/why-c ... 00438.html
Re: Full UK State pension contributions not 35 years? Explanation.
Posted: Tue Dec 05, 2023 8:58 am
by northSaver
Thanks banders, that explains it. I too had to contribute 37 years but was never quite sure why. Now we know
Re: Full UK State pension contributions not 35 years? Explanation.
Posted: Fri Dec 08, 2023 1:29 am
by Roger Van Zant
Thanks for sharing.
I think I am on track for 34/37 years in this case.
Might back pay three years so I can get the full 37 years.
In unrelated news, I see the Japanese government are probably going to increase the Japanese full pension term to 45 years from the current 40.
Re: Full UK State pension contributions not 35 years? Explanation.
Posted: Fri Dec 08, 2023 3:25 am
by RetireJapan
Roger Van Zant wrote: ↑Fri Dec 08, 2023 1:29 am
In unrelated news, I see the Japanese government are probably going to increase the Japanese full pension term to 45 years from the current 40.
That is in order to increase the amount people can get, however. It is not 45 years for the same pension, but rather an extra five years of payments for an extra 12.5%