Apologies if this is an open ended type of question, but I'm sure there is plenty of knowledgeable folk on here who might be able to offer some advice, even if it's to go and see a financial advisor.
I'm 55, have been living in Ireland since 2000.
However, all my work history has been in NI. Never paid any income tax in ROI.
I now have 35yrs contributions in NI, and qualify for a full state pension when I reach retirement.
I was wondering if it's wise to continue to paying into the UK pension, if there was an option to pay my remaining 12yrs of tax into the ROI side (if that's even possible) to qualify for a state pension in Ireland as well when I retire?
I'm not sure if you can get both pensions paid on retirement, even if I was to start working in ROI now? Or do you have one taken into account and the other tops it up?
I also have a private pension in the UK via my employer too.
I'm 55, have been living in Ireland since 2000.
However, all my work history has been in NI. Never paid any income tax in ROI.
I now have 35yrs contributions in NI, and qualify for a full state pension when I reach retirement.
I was wondering if it's wise to continue to paying into the UK pension, if there was an option to pay my remaining 12yrs of tax into the ROI side (if that's even possible) to qualify for a state pension in Ireland as well when I retire?
I'm not sure if you can get both pensions paid on retirement, even if I was to start working in ROI now? Or do you have one taken into account and the other tops it up?
I also have a private pension in the UK via my employer too.
Last edited: