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The UK gov pension calculator says I'm going to be on the breadline!

I previously posted about the importance of using the UK Gov pension calculator to see where you stand in the...

I previously posted" href="http://uk.exaude.com/2014/10/27/why-the-uk-gov…nly-mr-popular/" target="_blank" rel="noopener">I previously posted about the importance of using the UK Gov pension calculator to see where you stand in the quagmire of financial ruin/triumph (delete where applicable) after 2016. Here’s my experience of getting an online pension forecast with the UK’s most eagerly awaited calculator  (sorry Casio). Number one: it was easy.  I expected to be online for hours, desperately trying to conjure up numbers and dates about my working history. But in roughly 3 minutes the great pension calculator had come up with a verdict. Based on a measly few years of national insurance contributions my state pension would roll in at the miserable sum of £22pw, (I invented the figures based on somebody who hadn’t been able to make regular contributions, a la many of my university classmates). To add insult to injury I would only be due for the payment from 2048. As I already mentioned, in order to qualify for the full whack, workers have to have paid 35 years of national insurance contributions. But what I wasn't aware of until using the pension calculator was that in order to qualify for any payment at all workers must have 10 years of NI payments. This leaves a lot my university classmates - many of whom left the UK after graduating and still haven't returned - in dire straits. They already earn too little to make their student loan repayments, and they don’t earn enough to make National Insurance back-payments to the UK…. This means that their UK state pension – if and when they came back – would be a pittance. Thanks Mr Pension Calculator…..