Can anyone help on this one please? DSW has been contacted but it’s proving difficult to get precise information.
Y, aged 58, started work in 1969 at age 19. She paid contributions until she gave up work 3 years later to start a family. She ‘sold’ back her contributions (for £10!). She returned to work at age 45 and paid contributions until she gave up work again 5 years later.
According to her records therefore she has approx 260 contributions and so isn’t eligible for the State Pension (contributory O.A. P.) because a minimum of 520 is needed when you are 66 on/after April 6 2012. She could go back to work now however and so acquire approx 364 more contributions either because she actually works, or because she ‘retires’ with credits once she works the qualifying period.
When calculating the ‘yearly average’ will DSW work on the basis that she entered insurable employment at 19, or at 45?
A related question. Is it the case that there was a time when people didn’t pay contributions when they were under a prescribed earnings limit? If so, when are they deemed to have entered insurable employment?
Many thanks
Y, aged 58, started work in 1969 at age 19. She paid contributions until she gave up work 3 years later to start a family. She ‘sold’ back her contributions (for £10!). She returned to work at age 45 and paid contributions until she gave up work again 5 years later.
According to her records therefore she has approx 260 contributions and so isn’t eligible for the State Pension (contributory O.A. P.) because a minimum of 520 is needed when you are 66 on/after April 6 2012. She could go back to work now however and so acquire approx 364 more contributions either because she actually works, or because she ‘retires’ with credits once she works the qualifying period.
When calculating the ‘yearly average’ will DSW work on the basis that she entered insurable employment at 19, or at 45?
A related question. Is it the case that there was a time when people didn’t pay contributions when they were under a prescribed earnings limit? If so, when are they deemed to have entered insurable employment?
Many thanks