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State pension: Voluntary NI contributions can boost income but limits apply – full details

State pension income is based on a person’s National Insurance record with 10 years needed to receive any amount of money,…

By admin , in Money , at December 18, 2020 Tags:

State pension income is based on a person’s National Insurance record with 10 years needed to receive any amount of money, while 35 years is needed to get the full amount of £175.20 per week. As National Insurance records are so important for state pensions, the government allows people to check if they have any gaps in payments and if there are, voluntary contributions can be made.

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