Tuesday, 25 February 2025

and they updated


After  my last post reporting that 2 of my payments had been registered, I can now see that the other 3 have also now been registered. Didn't boost the pension by as much as I expected, it went up 6 ukp rather than 18ukp,  it works out about 3 ukp per year paid, but it did boost it, so all 5 of my shortfall payments made last year,  have now been counted.
It might take a bit longer to see if that 18ukp boost has been properly calculated, but regardless it does mean that payments made have at last been allocated to the correct years. And those years are no longer listed as shortfall years on the gov.uk site.

I paid 4 more last week, to ensure I got them in before the April deadline, so now the others can be paid at a reasonable pace before the end of the year.  I wonder if that will also take 6 months to update, we'll see soon enough.


This is good for us, it will ensure a full UK pension when I hit  67, I get to make up 5 years of deficit, and pay each year for 5 years till Im 67, and will get the full pension, currently 221ukp pw, which I assume will increase a bit in 5 years time.

It is a pity though that once I do hit 67 and start to claim,  it won't increase again, ever, under current rules. But my Dutch pension will increase due to inflation whiich givces a bit of future proofing, so I don't have to worry about being unable to buy food in my 90s


The retirement plans are starting to all come together nicely, no major roadblocks yet..


Ahthankyew

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