Hundreds of thousands of workers could be missing out on a pay increase after the minimum wage rose by nearly 10 percent last week.
22.03.2023 - 15:39 / dailyrecord.co.uk
Martin Lewis has shared essential advice for anyone unable to get through to the Future Pension Centre to buy missing National Insurance (NI) years in order to boost their State Pension entitlement. The UK Government recently extended the deadline from April 5 to July 31 due to a surge in demand for the service and has frozen the prices of each year.
During the final episode of the current series of The Martin Lewis Money Show Live, the award-winning financial guru explained who needs to contact the Future Pension Centre and who should get in touch with the Pension Service. He also shared a quick checklist for anyone considering buying NI years after Brian got in touch with the programme to say he couldn’t get through on the phone to the Department for Work and Pensions (DWP).
Brian said: “Since your show on pension contribution top ups, my wife has been trying to get through to the Pensions team. The line normally cuts off after going through various menus, beyond frustrating!” Martin told viewers that Brian was just “one of many, many people who got in touch with exactly the same thing”.
He said: “For those aged 45-70 it’s very important that you check this out because this is your last chance to top up National Insurance years for 2006 to 2016. The crucial thing to know is that the deadline was going to be the end of the current tax year but because so many people are doing it, they’ve extended the deadline until the 31st of July.”
But he added that the situation on the phone lines is a “real problem” and explained how he spoke to the DWP before the show about it. He told the live audience in Liverpool and viewers at home a few tips to help them get through on the phone and top up their State Pension.
Martin said: “First
Hundreds of thousands of workers could be missing out on a pay increase after the minimum wage rose by nearly 10 percent last week.
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