mc2fool wrote:vrdiver wrote:I followed your link, but sadly it says "can't be reached". Any chance of reposting?
Oops, sorry, I posted the original TMF address rather than the archive URL! Being within the editing window I've corrected it in my post, and here it is too: http://web.archive.org/web/201701120049 ... 01655.aspx
I've read your posts and very informative they are -- thank you.
My situation is I have a relatively high starting amount calculated on the old system. This comes from a few years of work some time back in which I had sizeable pension contributions. I have many empty years (no NI payments) leading up to 2016 and about 18 years to retirement age. My reading of what you have said and of other web sites is that it would be worthwhile my making up a few of the empty years, at least the ones where I'd made partial contributions. Also I should perhaps do this before the next tax year when presumably the amounts payable will be indexed up. Or should I wait until the last minute (2023)?
As an aside, my assessment of the current and future fiscal/political situation is that pressure will grow to reduce pension benefits or increase the cost of contributions or both i.e. perhaps now is as good as it gets for contribution vs return. Is that far off-beam?