Key Post UK State Pension - Make voluntary contributions to qualify for UK pension on top of Irish pension

Hi, posted a ? under an older thread re uk buy back but no response there - the question was if I do a buy back for years in the uk while I was working in Ireland and contributing in irleland does that mean I am double contributing ? - is this ok not to mention legal....also I am in the weird situation where I can make voluntary contributions in Ireland going forward whilst contributing in uk where I am now working, kinda same ? is it ok, wrong or illegal?...thoughts please, would like to get this correct now rather than face confusion later, thanks if any suggestions
 
blanketyblank said:
Thanks
I’ll ring in 2 weeks or so if it isn’t updated online. Hopefully it will be updated online so I won’t have to
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Note that the first time I rang them was mid-August. They said it would be fixed online within a few weeks. It still isn't.

Furthermore, my CF86 form is still showing as In Progress, and it says that my 2023-24 tax hasn't yet been calculated!
 
Just a quick update and thank again for people on here.

Eventually rang and eventually got through to hmrc who confirmed payment in respect of backdated contributions received (class 2), guided 40plus weeks before updated on line.

Think both myself and other half have now 23 odd years contributions and will pay class 2 contribution till retirement, assuming uk doesn’t go bankrupt and we don’t pop our clogs in the meantime, it will be a very welcome boost to retirement income

Thanks again for advice on here
 
No longer have my GBP Bank account as was revoked due to Brexit when moved back to Ireland. When the time comes to claim would you need to go up North to open an Ulster Bank account or similar? Or would it be possible to receive a Sterling pension to an Irish bank account. (Maybe by 2065 the Fintechs will have solved that problem in any event, but curious how it works practicality wise for people claiming at the moment?
 
Can be paid to your Irish Bank account.

"Your State Pension can be paid into:

  • a bank in the country you’re living in"
 
As an Irish resident it's probably best from a fees perspective to open an account with a fintech that has both sterling and euro wallets.

You will get a UK account number for the sterling wallet. Payments from HMRC go into this. You make the transfer to the euro wallet in the app at a very low commission and spend/withdraw/transfer as you please in Ireland.

The alternative is you give HMRC your IBAN for your bank account in Ireland. I don't know the details but bricks-and-mortar banks charge fees and higher commission for transfers in sterling. Fintechs will save you a lot over the course of a retirement.
 
Do you think Revolut would be a good option?
 
Crazy that it's taking 40 weeks to update isn't it. I should be about the end of Jan so. Will almost be time to make the next payment by the time this one clears!
 
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