DWP issues urgent £1,193 warning to pensioners born before certain year
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A pivotal HMRC rule amendment is setting a 2025 deadline, ushering in a critical window for state pensioners who are mere months away from forfeiting the chance to increase their state pension. People are looking at just under five months to potentially increase their state pension remuneration.
April 5, 2025, has been set as the cut-off date for what could be substantial enhancements to the Department for Work and Pensions (DWP) state pension sums, courtesy of an elongated timeframe providing individuals with additional consideration period to make informed contributions. Eligible men born post-April 6, 1951, and women born subsequent to April 6, 1953, have the option to make voluntary NI contributions for the sake of boosting their New State Pension.
Certain individuals might qualify for NI credits in lieu of contributing dues, thus prompting a need to verify their standing and deliberate on the optimal course of action for themselves. An HMRC statement disclosed that further breakdown of the online service usage indicates a majority (51 per cent) of customers enhancing a single year of their NI records, with the average online transaction clocking in at £1,193.
Pensions Minister Emma Reynolds commented: "We want pensioners of today and tomorrow to enjoy the dignity and support they deserve in retirement. That's why I urge everyone to check if they could benefit by filling gaps before the deadline passes. Using our online tool means only a few clicks could make a huge difference to your future.".
