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Did you know?
To qualify for full Basic State Retirement Pension, you need to have paid or been credited with National Insurance Contributions for a minimum number of years during your working life. If you have insufficient number of qualifying years on your NIC record, you may be eligible to buy additional qualifying years by paying voluntary NI contributions.

If you are a Male born 6 April 1933 to 24 October 1939 OR a Female born 6 April 1938 to 24 October 1944,
you are eligible to cover any gaps in your NIC records for the tax years 1996-97 to 2001-02. Payment must be made by 5 April 2010 to benefit from being charged favourable rates.

If you are a Male born 6 April 1943 to 5 April 1950 OR a Female born 6 April 1948 to 5 October 1952,
you are eligible to cover any gaps in your NIC records for a maximum of any six tax years going as far back as 1975-76. 

Recommendation:
If you were born within the above mentioned dates, you are urged to obtain State Pension Forecast by calling The Pensions Service on 0845 3000 168 or by visiting http://www.thepensionservice.gov.uk/state-pension/forecast/home.asp
click this link to  read the full article fckuserfile/State Pension - Need to know (2) - 12 05 09 (4).doc

By Ramnik Hingrajia - FCA 
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