The UK Government recently announced that people now have until the end of July to plug any gaps in their National Insurance record which will in turn boost their State Pension payments when they reach the official retirement age. The original deadline of April 5 was extended until July 31, 2023, after phone lines to the Future Pension Centre became jammed as people rushed to buy missing years.
Ms Trott also advised that once this has been done, “if people are below State Pension age, they can contact the Future Pension Centre to find out if they will benefit from voluntary contributions. If they have reached State Pension age, they can contact the Pensions Service”. It does not need to be 35 consecutive years, but you must have hit that target over the course of your working life to receive the full entitlement.
Top Money Stories Today Step 2: Assess whether filling any NI gaps makes sense Your State Pension Summary will clearly state how many years of contributions you already have, how many you have left to contribute before you retire and the number of years in which you did not contribute enough. The best solution is to call the UK Government’s Future Pension Service on 0800 731 0175 to double check how many years you can buy and whether voluntary contributions will add to your State Pension. Those who have already reached retirement age must contact the Pension Service on 0800 731 0469.
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