NO PENSION !

[shazzz1xx]

Hi all
I’m 36 and and not hardly worked in my life.. at around 17 I did maybe a year at Burberry’s then maybe a year at b&q in my earlie 20s and worked the last 5 years in a cafe now im sahm to my 2 year old… so my question is.. I don’t have any pensions so what would happen to me in later life… it’s only just now I’ve started thinking about this… so stupid I know
Thanks any help would be great x

You will share your husband's pension, and you'll be entitled to the state pension (if it still exist).

Rubbish advice, what if she hasn’t got a husband or if he doesn’t want to share!
Get a pension forecast from gov uk website instead x

Hiya
We are not married and he has never worked either apart from a warehouse at 17 for a year or so
he has just started work 5 month ago at the age of 38 😟.. but he has been caring for his disabled brother through them years (not now)
Oh that’s good least there maybe something, go’s will need to get in work and start saving like mad when daughter starts school
Thanks again x

What's your income source now?

Thankyou @sunnytimes83 will have a look x

You will get national insurance credits if you have claimed benefits.

@ChildrenGrowingUpTooFast

You will share your husband's pension, and you'll be entitled to the state pension (if it still exist).

That’s awful advice. There are many reasons women shouldn’t rely on their husband’s pension. You also need at least 35 years of NI contributions to get a full state pension. Carers allowance/child benefit count towards this.

Try and save something towards your own pension. So many people bury their head in the sand and surviving on a state pension alone will be miserable.

You’ve said nothing about your current income..,,only you don’t work. If you can live now through a magical source of money, without working, perhaps it will keep you going in oldage too.
If not, both of you get out to work and start paying into a pension.

If you claim child benefit you get a credit towards your state pension. Unless it’s changed…!

How are you surviving now if neither of you work..? (Or your DP has only recently started). Its not too late to start building up a pension, what sort of work could you do? I don't think there's any other magical answer I'm afraid other than get yourselves working!

Thanks all.. partner works full time and we claim UC etc
will definitely be working our arses off when DD is in school

il be ok for finding work as il do anything xxx

@ChildrenGrowingUpTooFast

You will share your husband's pension, and you'll be entitled to the state pension (if it still exist).

This is nonsense. The “new state pension” (since 2016) is based on own contributions only.

And though it’s almost certain OP is “entitled” to a UK state pension, that’s not a full pension without the full qualifying years.

@shazzz1xx did your boyfriend get Carer’s Allowance when caring for his brother? I’m fairly sure that that counts as qualifying years, a number of benefits do.

You dont have to be working to pay into a pension, obviously work place pensions are better but you can pay into a private pension. I have a workplace and private pension and I'm not even a high earner.

Yes he claimed carers allowance .. x

So if I never get a pension going for the rest of my time will I be fucked basically.. how much is state pension a week ? without any work or private pensions taking in consideration
Do they pay a state pension if I owned my own home as the council house I’m in is worth 80k and cos I’ve lived and paid council £100 per week for 20 years they said I would be able to vh it for around £45k so that’s my aim 🙁😒 x

Buy*

how much is state pension a week ?

How much it is now will have no relevance to you as it won't be the same amount when you reach retirement age, if there even is a state pension when you need it.

I think you both need to start by getting jobs. Good luck

Yes you can still get a state pension if you own your own home. If you go on the gov.uk website and search 'state pension entitlement' you can calculate how many years you've accrued, what that would be per week (if pensions stay the same) and how many more years you have to work for full entitlement. If you've claimed benefits or worked since becoming an adult you should have already accrued about 18 years at your age. Don't panic, just gather the facts and make a plan.

www.gov.uk/check-state-pension

Thankyou so much… x

The best thing you can do is to both get jobs with a good employer (local authorities would be a great place), work your way up as high as you can and make sure you pay as much as you can afford of the amount they match into the occupational pension schemes. Then you will get a state pension based on your national insurance payments plus an occupational pension.

It's not too late to make a big difference to your prospects for retirement but relying on state handouts would keep you in poverty for the rest of your lives.

If you are in UK

You will need 35 qualifying years to claim a full state pension. You can check this on www.gov.uk and ask for a state pension forecast.
This will tell you the year that you can claim your state pension & an estimated amount.
I believe it is currently about 9k per year, for people age 66+. However, the age is due to increase, so for you it will probably be 68+

Secondly, using your National Insurance number, you can register on the Government gateway on www.gov.uk & view your National Insurance contributions, per year. It will show you exact amounts.

The important thing is to start now; it’s not too late.

Use the link others have provided to check what your NI contributions are for both you and your partner - certain types of benefit mean contributions will have been paid, but it doesn’t apply to all so do check. I’m assuming you’re claiming child benefit so you will get your contributions paid for now while DC is young.

Next, check to see if you had a pension at your cafe job - easiest way to check is if you have any past payslips see if there’s a line on there for your pension.

Make sure your DP is enrolled in his workplace pension scheme and contributing the minimum to get the match from his employer. As soon as you’re back in work do the same.

Presumably with your work history for both of you you’re used to living on a low income so at least you won’t be in for too much of a shock; but it is still important to make sure you both will do enough to get the full state pension. It will work out to about £750/month which is pretty poor so anything you can have on top will help.