Hooverfish
Registered User
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- 209
Hi there. Slightly different topic to the main thread on this subject.
I have already paid a few years back to buy back the UK NI years where I don't have Irish PRSI contributions.
With the approaching April deadline I'm reviewing my decision *not* to buy back all possible years.
My understanding of how the system works in practice (based on my husband's experience, he is 10 years older, so currently receives pensions) is that if you buy back years for which you have Irish PRSI contributions, all that will happen is that your Irish contributory pension will be reduced.
You apply for your Irish pension first because the qualifying year is earlier. They request your UK contributions. When they receive that information from the UK authorities (and my husband's UK record proved to be inaccurate - we had to fight to get it updated, fortunately we had records...) then the Irish authorities decide on your top up to the higher Irish contributory pension so that the max. you can receive in total, partly from UK and partly from IE, is the Irish full pension.
So I don't see any point even though they are available, in buying back more recent UK years where I already have full Irish PRSi contributions. What have I missed, what experience do others have?
Thanks!
I have already paid a few years back to buy back the UK NI years where I don't have Irish PRSI contributions.
With the approaching April deadline I'm reviewing my decision *not* to buy back all possible years.
My understanding of how the system works in practice (based on my husband's experience, he is 10 years older, so currently receives pensions) is that if you buy back years for which you have Irish PRSI contributions, all that will happen is that your Irish contributory pension will be reduced.
You apply for your Irish pension first because the qualifying year is earlier. They request your UK contributions. When they receive that information from the UK authorities (and my husband's UK record proved to be inaccurate - we had to fight to get it updated, fortunately we had records...) then the Irish authorities decide on your top up to the higher Irish contributory pension so that the max. you can receive in total, partly from UK and partly from IE, is the Irish full pension.
So I don't see any point even though they are available, in buying back more recent UK years where I already have full Irish PRSi contributions. What have I missed, what experience do others have?
Thanks!