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State Pension

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?

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By pedant
03rd Jan 2013 17:39

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

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04th Jan 2013 11:30

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

 

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By JAADAMS
04th Jan 2013 16:54

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 

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