Ask E.R.I.C.
Ask E.R.I.C.
Use this tool to estimate whether paying voluntary Class 3 National Insurance contributions could be worthwhile for you. It compares the cumulative value of the extra State Pension received after tax with the value of investing the top-up cost instead and highlights your estimated break-even age.
You can check your National Insurance record for gaps on GOV.UK here. You need 35 years of credits to qualify for the full state pension. You can buy your National Insurance credits on GOV.UK here but you are only able to cover gaps in your record for the last 6 years.
The table below shows full-year Class 3 costs for the last 6 tax years, and green cells are the years included in your chosen Years To Buy.
| Tax Year |
|---|
| Cost |
This analysis compares the cumulative extra State Pension you could receive after State Pension age (blue) with the projected value of your top-up cost if that money stayed invested (red). Where the blue line moves above the red line is your break-even point. The timeline starts at your selected current age.