by LidoLady » Mon Aug 10, 2015 11:46 am
As the other posts said, not a lot, but better than nothing. Having been self employed for years I'd also like to point up that it's sensible to keep paying your National Insurance as this will also give you some sick pay if you are unable to work, plus the full state pension when you retire. Class 2 Voluntary Contributions are only a very small amount (£2.80 a week) and if you have missed some payments through job breaks or whatever you can often catch up by paying a lump sum. It's easy to be cynical about state benefits but the full state pension can make a big difference to your living standards if, like many women, you haven't got much/any other pension arrangements.
As the other posts said, not a lot, but better than nothing. Having been self employed for years I'd also like to point up that it's sensible to keep paying your National Insurance as this will also give you some sick pay if you are unable to work, plus the full state pension when you retire. Class 2 Voluntary Contributions are only a very small amount (£2.80 a week) and if you have missed some payments through job breaks or whatever you can often catch up by paying a lump sum. It's easy to be cynical about state benefits but the full state pension can make a big difference to your living standards if, like many women, you haven't got much/any other pension arrangements.