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Daily Record
Daily Record
Lifestyle
Linda Howard

Martin Lewis shares State Pension hack which could boost retirement payments by more than £5,500

Martin Lewis is encouraging people to check their National Insurance record for any gaps which, when filled, could add thousands of pounds to State Pension payments in retirement.

State Pension is a contributory benefit delivered by the Department for Work and Pensions (DWP) which currently provides financial support for over 12.4 million older people across the UK, including 992,052 living in Scotland. However, of that total, there are 10.1 million older people receiving Basic State Pension payments of up to £141.85 per week and 2.4 million getting New State Pension payments, worth up to £185.15 each week.

Worryingly, the latest figures from the DWP show that around 1.5m women and 448,082 men are receiving less than £100 per week in State Pension payments, however, Martin Lewis may have a way to increase that amount.

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