| The Government should consider allowing women to "buy back" some of their missing full National Insurance Contribution years, or give them a pension based on the amount of money they paid in: Currently people are able to pay voluntary National Insurance Contributions (NICs) if they are paying full rate NICs but have missed some contributions. This allows them to boost the rate of basic state pension to which they are entitled. However, women are not allowed to make up missing reduced rate contributions in this way. We believe that this should be an option. Many women have paid full rate NICs for 8 or 9 years but it is necessary to have 10 years' worth of full contributions to be entitled to any state pension at all, and they should be given the option of doing this so that their years of full rate contributions would not be utterly wasted. Another idea would be for women to receive a pension based on the amount of money that they paid into the system. For example, paying the reduced rate of 3.85% NI instead of 10% (pre-2003 NI rates) could perhaps entitle them to a pension of about one-third the full rate. Surely women should be entitled to something in return for the money they paid over the years.
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