I could afford to buy back the full 10 years. This would mean that fro age 60 I will get the benefit of a full state pension with all its benefits. My issue is that from 65 I will be getting my Guinness pension too on top and that will probably be all taxed at the higher rate.
If I don't buy back any years I will have @22.5k / year from 60-65 and then at 65 I will have @34K which will keep me at the low tax rate.
How can you "buy back" years that you never worked in public service? I thought you could only buy back time where you worked less than full-time hours. I am in similar position to original poster. I worked in U.K. for 12 years and it would be great news if I could buy those years because I will not have full service even if I stay until 65.
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