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Bristol Post
Bristol Post
World
Ross Millen & Rachel Pugh & Sam Barker

DWP: Expert shares how can get £5,000 more in state pension using national insurance top-ups

It's been unveiled that people living in Britain can boost their state pension and get more cash for their retirement. It's possible to even get an extra £5,000 for your pension by simply paying £800 to the government.

The 587 per cent return on investment can be achieved by understanding how national insurance (NI) payments affect the amount of state pension that you get.

NI contributions are a tax on top of your earnings and are self-employed profits paid by employees, employers and self-employed. The amount of state pension you receive depends on how much NI you pay which can be boosted by claiming or buying more NI.

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