Martin Lewis has explained how workers aged between 45 and 70 can turn £800 into £5,500 for their retirement The financial expert said buying extra National Insurance (NI) years can boost your state pension.
The full new state pension is claimed by anyone who reached state pension age before April 6, 2016. It is currently worth £185.15 a week, the Mirror reports.
To get this full amount you’ll normally need to have 35 years’ worth of qualifying NI contributions. If you have less than 35 years then you’ll receive less state pension. Most people build up NI credits during their working years but if you had to take time out from your job you may have holes in your record.