On Good Morning Britain, a consumer champion highlighted the importance of checking National Insurance contributions for individuals eligible to boost their state pension. It applies to men born after April 5, 1951, and women after April 5, 1953. Each year of contributions can significantly increase the pension amount, which can currently reach £230 a week. Missing years can be filled in before the April 5 deadline, with the potential for substantial gains over a lifetime based on contributions made to the National Insurance scheme.
The new state pension started in 2016 and requires men born after April 5, 1951, and women born after April 5, 1953, to check their National Insurance contributions.
Each year of National Insurance contributes towards your state pension; achieving the full pension requires around 35 years of contributions, currently amounting to £230 per week.
Missing National Insurance years can be filled in before the April 5 deadline, potentially resulting in significant increases to your pension over time.
One additional year of contributions can add £330 annually to your state pension; thus, filling in ten years of gaps could yield a £60,000 increase.
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