Class 2 NI

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Discussion

Simpo Two

Original Poster:

85,807 posts

267 months

Tuesday 9th December 2014
quotequote all
Can anyone give me a definitive answer on this? I pay £13.75pcm in NI, whch I understand is for my state pension. However, I have a letter from DWP saying my OAP is fully funded (30 years). So can I cancel the DD or if I keep paying it do I get a bigger OAP? Thanks!

Nigel_O

2,924 posts

221 months

Tuesday 9th December 2014
quotequote all
NI qualifies you for several state benefits, which include (but is not restricted to) the State Pension

AFAIK, you can't opt out of NI - if you're earning and under state retirement age, it has to be paid (subject to the usual small earnings exception rules)

Simpo Two

Original Poster:

85,807 posts

267 months

Tuesday 9th December 2014
quotequote all
^^ Thank you, all fixed and in words I can understand smile