The UK Government has announced that taxpayers now have until April 5, 2025 to fill gaps in their National Insurance (NI) record from April 2006 that may increase their State Pension - an extension of nearly two years on the July 31 deadline.
Extending the voluntary National Insurance contributions deadline until 2025 means that people have more time to properly consider whether paying voluntary contributions is right for them and ensures no-one need miss out on the possibility of boosting their State Pension entitlements. The original deadline was extended to July 31, 2023 earlier this year, and tens of thousands of people have taken advantage to pay voluntary contributions to HM Revenue and Customs (HMRC) since then. The revised deadline is expected to enable more to do the same.
To get the full New State Pension in retirement, you need around 35 years’ worth of NI contributions and to receive any payment from it at all, you need at least 10 years.