Can I stop paying contributions if I retire?
If you have reached 60, have retired and do not intend taking up work, you may choose to stop contributing.
How do I apply to stop paying contributions at 60?
We will ask you to fill in an 'over age 60 election' form, to tell us the date you retired. You will stop paying contributions from the first day of the month after the one in which you applied.
When you make your application, please bring the following items with your form:
- your birth certificate
- your Social Security registration card, if you have one
Please note: we strongly advise that before choosing not to pay contributions you talk to us to make sure that you fully understand how your rights to benefits may be affected.
Change in circumstances
If you start work again, even part time, you should talk to us about cancelling your choice not to pay and starting to contribute again. Do this as soon as you start work because you cannot back pay contributions to cover any time you have an election not to pay contributions.