The State Pension is set for a record-breaking increase from Easter Monday, April 10, after the Government announced a 10.1% rise in both Basic and New State Pension payments in line with inflation.
The changes will see those on the full New State Pension receive £815.40 a month, while pensioners on the older Basic State Pension will now receive £624.80 every four weeks. However, the amount you'll get depends on your National Insurance contributions - you need 35 qualifying years to get the maximum amount, and 10 years to get the lowest threshold amount for the New State Pension, BirminghamLive reports.
The Government previously issued a deadline of April 5 for anyone wishing to plug gaps in their National Insurance contributions to top up their pension payments, but DWP announced that it will consider payments made after this cut-off on a case-by-case basis after being overwhelmed with demand from workers. Before April 5 people were able to plug any gaps in their NI record dating back to 2006, but following this deadline the Government confirmed that you will only be able to fill spaces dating back six years.
