26 November 2008
Experts have warned that women wishing to top up their basic
state pension should do so now before a 50% hike in buying back
National Insurance (NI) contributions, introduced by the
Government, comes into force in April. The rise means that each
year of missing NI purchased will cost £626.60 against the
current £421.20
To qualify for a full basic state pension, women have to have 39
years of full NI contributions (either paid or credited) where
their State Pension Age is before the 6 April 2010 and 30 years
where their State Pension Age is on or after the 6 April 2010.
