I paid NI for 45 years so don't I get a 十分な 明言する／公表する 年金 - please explain? Steve Webb replies

By Steve Webb for This Is Money

Updated:

Pending retirement: Can I request a further review of my state pension forecast and how can I discover who is the provider of the £20 per week.

未解決の 退職: Can I request a その上の review of my 明言する／公表する 年金 予測（する） and how can I discover who is the provider of the £20 per week.?

I have 45 years of 国家の 保険 出資／貢献s but have been advised I was 契約d out for four years.?

その結果, I will receive a 減ずるd 年金, 減ずるd by £20 per week.

I have no idea when my 出資／貢献s were 契約d out and have been advised by HMRC that this period of 契約ing out should 供給する me with £20 per week.

Can I request a その上の review of my 年金 予測（する） and how can I discover who is the provider of the £20 per week. I'm 66 in June.

SCROLL DOWN TO FIND OUT HOW TO ASK STEVE Y OUR PENSION QUESTION

Steve Webb replies: The 問題／発行する of deductions from your 明言する／公表する 年金 for periods of past '契約ing out' is probably the most たびたび（訪れる） question in my 週刊誌 mailbag.

I've explained the general idea of a deduction for past '契約ing out' in a previous column: Why won't I get a 十分な 明言する／公表する 年金 even though I paid 国家の 保険 for 38 years?

I'll 焦点（を合わせる） this time 一連の会議、交渉／完成する on how you can find the 私的な 年金 you are supposed to be getting instead.

The answer to your question depends on the type of 私的な 年金 of which you were a member.

Let's start with 伝統的な salary-関係のある 'defined 利益' 年金s.

A 条件 for a DB 計画／陰謀 存在 許すd to 契約 out of part of the 明言する／公表する 計画／陰謀 is that it had to 供給する 利益s at least as good as you would have received if you stayed fully in the 明言する／公表する 計画／陰謀.

Got a question for Steve Webb? Scroll down to find out how to contact him

Got a question for Steve Webb? Scroll 負かす／撃墜する to find out how to 接触する him

Between 1978 and 1997 this 約束 was known as a '保証（人）d 最小限 年金' or GMP. After 1997 the 支配するs worked わずかに 異なって but the basic idea was the same.

Instead of building up 権利s under the 明言する／公表する 収入s-関係のある 年金 計画／陰謀 (SERPS) you built up a company 年金 and, at 退職, you get money from that 計画／陰謀 instead of part of your 明言する／公表する 年金.

ーに関して／ーの点でs of 跡をつけるing that money 負かす／撃墜する, when you reach 計画／陰謀 退職 age they should 接触する you and then start to 支払う／賃金 a 年金 in line with the 計画／陰謀 支配するs.

The 量 of this 年金 should be equal to ? or often more than ? the 量 that has been knocked off your 明言する／公表する 年金.

I am guessing however that you would probably remember if you had worked for a company that had a DB 年金 計画／陰謀, so it may be that you had a different sort of 年金.

The 代案／選択肢 type of 年金 is a 'マリファナ of money' or 'defined 出資／貢献' 計画（する）.

With a workplace occupational DC 計画／陰謀 your 出資／貢献s (if any) 加える those of your 雇用者 get 追加するd to a マリファナ of money which is 投資するd and grows over time.

Another ありふれた type of DC 協定 促進するd 活発に in the late 1980s and 早期に 1990s was a 'personal 年金'.

In some 事例／患者s you didn't even have to put your own money into a personal 年金 ? it was 簡単に topped up by the 政府 in the form of '国家の 保険 rebates' payable because you were 契約d out.

These were known as 'rebates only' personal 年金s and I can see why you may have いっそう少なく memory of a 年金 like this as you were not 現実に 与える／捧げるing to it.

Once you are over 55 you can 接近 a DC 年金 in a variety of ways, 含むing, for example, using the マリファナ to buy an annuity or an income for life.

However, the 決定的な point is that there is no 保証（人） that the 年金 you get from this DC 協定 正確に／まさに matches what has been knocked off your 明言する／公表する 年金.

STEVE WEBB ANSWERS YOUR PENSION QUESTIONS

? ? ? ?

The 推論する／理由 for this is that, when you 契約d out years ago, the level of the 国家の 保険 削減s which you enjoyed was based on an 見積（る） of the 投資 return those rebates would 達成する and the annuity 率 you could 推定する／予想する at 退職.?

But things have not turned out since then as 推定する／予想するd.

In many 事例／患者s, the money that went into your DC 年金 マリファナ in the 1980s or 1990s grew 比較して 井戸／弁護士席. But people reaching 年金 age since the 全世界の 財政上の 衝突，墜落 of 2008 have 一般に 直面するd very low 利益／興味 率s and annuity 率s.

As a result of this, the 年金 you 現実に get from your DC 貯金 can 結局最後にはーなる 存在 いっそう少なく than was 心配するd.

In 要約, with a DC 年金, there is no particular 推論する／理由 to 推定する／予想する the 量 knocked off your 明言する／公表する 年金 to 正確に match the 量 of annuity you can now get with your DC マリファナ ? indeed it would be やめる surprising if it did.

I would hope that if you had a DC 年金 of this sort, often 供給するd by a 世帯 指名する 保険 company, you would have some paperwork such as 年次の 声明s.

If you have 絶対 no 年金 paperwork, and don't remember 存在 in a 年金 計画／陰謀 at all, there is one その上の 可能性. This is that you paid in to a 年金 for a 限られた／立憲的な period of time but then cashed out.

In the past there were さまざまな 支配するs which 許すd people to 埋め立てる their 出資／貢献s if they only paid in for a couple of years. And it's possible that you did 埋め立てる your 出資／貢献s several １０年間s ago but have now 完全に forgotten.

In this 事例／患者 there is still a deduction from your 明言する／公表する 年金, 反映するing your lower 率 of NI 出資／貢献s years ago, but there may no longer be any 年金 to match that 出資／貢献.

It is to be hoped that when the 年金s dashboard?finally goes live people will find that they can easily 跡をつける 負かす／撃墜する all of their past 年金s on a 選び出す／独身 website. However, we are probably a couple of years away from 存在 able to 接近 dashboards and I imagine you would like an answer sooner than that.

So, if this is still a 完全にする mystery, HM 歳入 and Customs should be able to tell you the 指名する of the 計画／陰謀 (or 計画／陰謀s) into which you were 契約d out.

You can then 接触する them to find out if you still have any 権利s in the 計画／陰謀. Do let me know how you get on.

Ask Steve Webb a 年金 question

Former 年金s 大臣 Steve Webb is This Is Money's agony uncle.

He is ready to answer your questions, whether you are still saving, in the 過程 of stopping work, or juggling your 財政／金融s in 退職.

Steve left the Department of Work and 年金s after the May 2015 選挙. He is now a partner at actuary and 協議するing 会社／堅い 小道／航路 Clark & Peacock.

If you would like to ask Steve a question about 年金s, please email him at pensionquestions@thisismoney.co.uk.

Steve will do his best to reply to your message in a 来たるべき column, but he won't be able to answer everyone or correspond 個人として with readers.?Nothing in his replies 構成するs 規制するd 財政上の advice. Published questions are いつかs edited for brevity or other 推論する／理由s.

Please 含む a daytime 接触する number with your message - this will be kept confidential and not used for marketing 目的s.

If Steve is unable to answer your question, you can also 接触する MoneyHelper, a 政府-支援するd organisation which gives 解放する／自由な 援助 on 年金s to the public. It can be 設立する here?and its number is 0800 011 3797.

Steve receives many questions about 明言する／公表する 年金 予測（する）s and COPE ? the 契約d Out 年金 同等（の）. If you are 令状ing to Steve on this topic, he 答える／応じるs to a typical reader question about COPE and the 明言する／公表する 年金 here.

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