Blogger
Share this content
0
3
779

State Pension

An Icelander has lived in the UK for 20 years , paying Income Tax & National Insurance on his UK earnings(employed and self employed).He is not a British citizen as he has retained his Icelandic citizenship. When he retires he will return to Iceland. Is he entitled to a UK state pension?

Replies

Please login or register to join the discussion.

Not unless he's paid the minimum number of years.

Thanks (0)

Yes

He will be entitled to a UK State Pension for the number of years he has worked in the UK.

Have a look at

http://ec.europa.eu/social/main.jsp?catId=860&langId=en

 

Thanks (0)

When does he intend to retire?

He needs to pay 30 years of NIC to be eligible for full pension. So how old is he now and will he make the 30 years by the time he retires? 

Dont forget he can pay class 3 voluntary NIC if he is a few years short - although this will be £13.25 per week x 52 weeks = £689 per year. UK state pension is currently £107.45 per week so it is usually worth it.

Suggestion... always get a projection from the NIC Contributions people 

Thanks (0)