Pensions

This section has information about both state pension information and the various pension schemes that are tailored for full time Christian workers along with other helpful information on pensions.

A comment from an OSCAR user about state pensions for missionaries:

Missionaries/ex-missionaries who are classified as self-employed (on same basis as a minister of religion) get a very good deal on class 2 contributions at around £2 a week, as regards building up their own state pension. This new lower figure came in April 2000. It is also highly advisable that wives pay their own, rather than rely on their husband's pension. If a husband dies before his retiring age (65), a wife loses out badly, as happened to one of our missionaries. Had she been making her own contributions, she would have been better off.

Also, even if the husband doesn't die, a wife still entitled to pension at 60 currently, may well find that her pension in the period age 60-65, having made her own contributions, will exceed what she would get claiming on her husbands record. Particularly if her husband has less than a full record, through being out of the country.

  • Stewardship

    Stewardship is a Christian financial support services charity, connecting people and resources to advance the Kingdom of God.
    Tel: 020 8502 5600
  • Experts for Expats

    Useful resource for expats around the world looking for information, guidance and advice to help them improve their expat life both now and in the future. Their site includes guides for tax.
  • Pension Wise

    Pension Wise is a free and impartial government service providing guidance on defined contribution (i.e. based on how much money has been paid into your pension pot) pensions.

  • Social Security Abroad

    HMR&C (Inland Revenue) has produced a leaflet about making National Insurance Contributions whilst you are abroad.

  • State Pension

    Generally, the state pension scheme is a very good investment. The UK Government has most of the information you might need about the state pension scheme, including a section about when you work or live abroad. You can request a pension forecast anytime either by completing an online form or by telephoning the number below. This is the best way to determine what you have and what else might be available to you if you make certain payments.