How much per month do you pay into a pension?

[Unprune]

I am (I'm afraid) one of those people who hasn't got a pension (well i do but it was linked to work and I can no longer pay into it as I don't do the job any more).

I'm aware that I need to seriously get on top of this.

Can anyone share their pension arrangements with me so I can get a better idea of what to do? I'm almost uneducated on the subject, to my shame.

About 110 quid into a personal pension, plus NI contribs so that I can be sure to get state pension one day. Am non tax payer so govt. adds another 25 quid to the private pension 4 me.

I pay in about £250, DH over £800 (but he is buying extra pension years due to previous pension being with Equitable life, so 10 years contributions went down the pan). Public sector schemes.

Can you pay NI subs retrospectively?
I have ignored letters about this.

I will watch this thread as i am in the same situation.

Pelvicfloornomore, I suspect a lot of us are in this situation. I've been very half-hearted.
My dad has just retired and his pension (govt scheme, final salary) is amazing, but he's been working since he was 16 in the same job.
My in-laws were very shrewd and are notably well-off in retirement.
DH is sorted.
I'm clueless. I need to get a grip.

I suspect you can pay some NI retrospectively, but the rules change all the time. CAB or thorough searching online to find out.

It really depends how much income you are hoping to have in retirement. We all have different desires DH and I never traveled when young so have very expensive desires when retired so are putting a lot into our pensions to allow for this - though we have also created a SIPP family trust so that if anything happens other members of the family can benefit.

Just to add, dont lose track of your "work" pensions for jobs you don't do anymore.

If they are defined contribution schemes (aka money purchase), you are usually entitled to transfer your pot into a private pension scheme of your choice. Otherwise you can leave it where it is but you are still entitled to the benefits from it when you retire. Some plans dont let you keep the employer's contributions unless you;re there (eg) 2 yrs- look on the plan documents to find out and contact the pensions administrator to clarify your rights.

If you had a defined benefit scheme with an ex-employer(aka final salaary) you are often entitled to something from that as well. Make sure you dont lose track of it- these are mega valuable.

Prune

you don't need to pay NI conts if you are in receipt of child benefit - you get credits

www.hmrc.gov.uk/ni/intro/credits.htm

I pay about £150 a month into a teacher's pension and I a private pension too where my SERPS payments go.

I pay around £250 and DH around £350 a month