I feel that CABP membership is the best money that I spend each year. I have benefited in many ways by joining. For example, I had seven years of service in the UK, but through CABP I learned about the opportunity of buying back years and making extra years of contributions. Now I have 30 qualifying years.
There are only two criteria that are used to determine if you are eligible for a UK state pension.
The first is that you need to have been employed or self-employed in the UK and have made National Insurance Contributions (NICs).
On 6th April, 2010, the system was changed such that you only needed a minimum of 1 year NICs and to get a full state pension you only needed 30 years of NICs.
Prior to the 2016 Pensions Bill you needed a minimum of 1 year NICs, and to get the “full” state pension you needed 30 years of contributions.
Voluntary contributions as well as time spent as a full time child carer in the UK also count towards qualifying years.
Following the passage of the 2016 Pensions Bill you now need a minimum of 10 years NICs, and to get a “full” state pension you need 35 years of contributions.
The second criterion is dependent on when you were born:
Your state pension age will be 65. You will need a minimum of 11 years of NICs if you were born before 6th April 1945, otherwise you will receive a British state pension for every year of NICs that you have made, up to a maximum of 30 years. However, with the implementation of the Pensions Bill in 2016, if you were born after 5th April 1951, you need a minimum of ten years of NICs and for a full state pension you need 35 years of NICs.
If you have not started to claim your state pension yet, we can help you with that process.
Your state pension age is 60. You will need a minimum of 11 years of NICs to get any pension at all. If you have not started to claim your state pension, we can help you with that process.
You will get a British state pension for every year of NICs you have contributed. If you have 30 years of NICs you will receive a full state pension. If you were born after 5th April 1953 you need a minimum of 10 years and 35 years for a full pension.
In order to find your State Pension Age and Pension Due Date enter your Date of Birth into the Search criteria box below, in this format: 5 March 1951.
State Pension Calculator for Women born after 5th April 1950 and before 6th December 1953
Source: Gov.UK – State Pension Age Calculator
You will need a minimum of 10 years of NICs to get a State Pension and 35 years of NICs for a full State pension.
In order to find your State Pension Age and Payment Due Date enter your Date of Birth into the Search criteria box below, in this format: 5 March 1960:
State Pension Age Calculator for Men and Women born after 5th December 1953
Source: Gov.UK – State Pension Age Calculator
If you were born after 31st December 1975, and you have ever worked in the UK you may in later life qualify for a British state pension. Younger people stand to gain a lot of money down the road and that is why you join the CABP today!
That ‘found’ money may come in the form of a UK state pension you simply had forgotten about and you would never remember to claim when the time comes until the CABP reminded you about it – so, don’t delay, sign up today.
That ‘found’ money may come in the form of a bigger pension for life than you thought you would be entitled to because the CABP will tell you about the possibility of buying back years of National Insurance contributions and/or paying forward years of contributions – and you can do it from here in Canada – so, what are you waiting for? Let’s get started…
And that ‘found’ money may come in the form of pension indexation each and every year of your retirement, because by joining the CABP you will help to unfreeze the UK state pension – and not just for yourself but for many, many of your friends as well. So, join us today and we may be able to give you some advice on how to maximize the state pension amount that you might be eligible to receive.
There are a number of factors that contribute to the British state pension amount that you receive. For example, you may be able to make voluntary contributions, which represent an excellent investment, to top up your pension.
