do you pay nic on pension income
If youâre aged less than your State Pension age, you are liable to pay National Insurance contributions on your income from employment or self-employment (provided that you earn above the minimum amount on which NICs are charged).nce you reach State Pension Age, you stop paying NICs (although, if you are self-employed, youâre still assessed for Class 4 NICs in the tax year in which you reach State Pension Age).