Family Law Blog

Pension changes – NICs

06 August 2015, by Taylor King Family Law Solicitors

The New State Pension, replacing the old system, will affect those who reach state pension age on or after 6th April 2016.
Previously, if you had not contributed National Insurance payments for the requisite 30 years to obtain the full state pension, but your spouse/civil partner had, you could claim a full state pension based on their contributions.

However, if you reach state pension age on or after 6th April 2016 your state pension will normally be based on your own National Insurance contributions only.

Under the new state pension, your state pension may be worked out in a different way if you chose to pay National Insurance contributions at a reduced rate under the married women’s reduced rate election before 1977. If this is the case then you will get a state pension that is about the same as the full rate basic state pension of £115.95 per week and any additional state pension you built up before 6th April 2016. Under these rules you do not need to have the minimum of 10 qualifying years of National Insurance contributions to get a state pension.