State pension question

[holidayqueen]

Hi I will be 60 years old in October I will be retiring in 1st September as I no longer feel able to keep working due to work stress related issues.
I hope to be able to draw my stamps for 9 months.
I started my employment history on my 16th birthday so 1978. I had 4 full years of contribution. In 1982 I got married I had just 30 contributions in 1987
In 2022 I had 21 contributions and for 2004 until now I had full contributions so 18 full years.
My last child was born in 1985 so would I qualify for the home carers from 94 to 97?
And from now until 2028 when I will be 66 I will have a yearly rental income of 11,500 per annum so that will be my prsi contributions for the next 6 years. I do have a small amount of savings for the next 6 years until I reach the state pension.
Can anyone work out if I’m entitled to the full state pension and if not how much I’m likely to get.
Thanks in advance

 

[Groucho]

A quick and dirty calculation based on the info supplied:

1978 - 1981: 4 X 52 paid 208
1982: 30 paid 30
2004-2021: 18 x 52 paid 936
2022: 21 paid (but if you 'draw down your stamps' you'll have 31 weeks of reckonable credits, or, if you get rent, you'll get 52 Class S) 52
2023-2027: 4 X 52 Class S (your 2028 PRSI isn't reckonable) 208

Total paid by end 2027 is 1434. And assuming that you get home carers for 4 years max (which you should), you'd have an extra 208 reckonable credits.

So that's 1644 reckonable contributions over a 50 year working life.

That makes your yearly average around 33, putting you in the middle of the 30-39 band and entitling you to a weekly pension of €227.70, i.e. 90% of the full Contributory Pension.

Disclaimers:-
I've stuck my neck out here and may have missed something obvious, so I'd welcome any corrections!
The rules may change before you hit 66!

 

[holidayqueen]

A quick and dirty calculation based on the info supplied:

1978 - 1981: 4 X 52 paid 208
1982: 30 paid 30
2004-2021: 18 x 52 paid 936
2022: 21 paid (but if you 'draw down your stamps' you'll have 31 weeks of reckonable credits, or, if you get rent, you'll get 52 Class S) 52
2023-2027: 4 X 52 Class S (your 2028 PRSI isn't reckonable) 208

Total paid by end 2027 is 1434. And assuming that you get home carers for 4 years max (which you should), you'd have an extra 208 reckonable credits.

So that's 1644 reckonable contributions over a 50 year working life.

That makes your yearly average around 33, putting you in the middle of the 30-39 band and entitling you to a weekly pension of €227.70, i.e. 90% of the full Contributory Pension.

Disclaimers:-
I've stuck my neck out here and may have missed something obvious, so I'd welcome any corrections!
The rules may change before you hit 66!

Thank you so much. I had hoped to get to the 90% so I would be ok with that. I am aware that things may change before Im 66 and I know that I will be lucky if they stay as they are. but that makes me feel a bit more secure.