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National Insurance contributions and your State Pension until 2015/16

Last autumn, I published a number of blog entries to help explain how the old system worked. Through this entry, which focusses on the period up to 5 April 2016, I want to show how people may have paid different amounts of NI over their working life through to the end of the tax year 2015/16, and how this has contributed to the State Pension they are or will become entitled to.

Understanding the State Pension part six: what happens when the New State Pension starts in 2016

As we have seen, the outgoing State Pension system is a very complicated beast. In April 2016, we will be replacing this with a new clearer system.