State pensioners in the UK have only weeks left to take advantage of a scheme that could increase their state pension by up to £113 per week. The opportunity, which allows individuals to fill gaps in their National Insurance (NI) record, will end on 5 April 2025, prompting warnings from HMRC and the Department for Work and Pensions (DWP).
Since April 2023, more than 37,000 people have topped up their contributions, covering over 68,000 years of missing NI payments. With time running out, experts urge eligible individuals—particularly those in their late 40s, 50s, and 60s—to review their records and assess whether voluntary contributions could significantly enhance their retirement income.
Opportunity to Increase State Pension Ends Soon
The UK state pension is based on an individual’s National Insurance contributions, with a full record required to receive the maximum amount. However, many people have gaps in their contributions due to periods of low earnings, self-employment, or time spent outside the workforce.
To address this, the government has temporarily allowed pensioners and working-age individuals to backdate voluntary NI contributions to 2006—a significant extension beyond the usual six-year limit. This measure was introduced to help those affected by the transition to the new state pension system in 2016.
Angela MacDonald, HMRC’s Deputy Chief Executive, has urged individuals to act swiftly: “There are just two months left to check and fill any gaps in your National Insurance record from 2006 onwards. Don’t delay – it could make a huge difference to your finances in retirement.”
Under this scheme, making a one-off voluntary contribution of around £800 to £1,000 could lead to a permanent boost in state pension payments. In some cases, individuals have seen increases of up to £113.76 per week, equating to an annual rise of £5,915.92.
Experts Warn of Lost Financial Opportunities
With the 5 April deadline fast approaching, financial advisors are stressing the importance of reviewing pension entitlements. Rosie Hooper, Chartered Financial Planner at Quilter Cheviot, described the scheme as one of the most financially rewarding decisions pensioners can make.
“The latest figures from HMRC reveal just how many people have seized the opportunity to boost their state pension,” Hooper said. “For those with gaps in their record, checking eligibility should be a priority. A relatively small payment now could translate into tens of thousands of pounds in additional pension income over retirement.”
The average online top-up payment is currently £1,835, according to HMRC data. While not all pensioners will benefit equally, for those who qualify, these contributions could result in significant long-term returns.
Individuals can check their National Insurance record and determine their eligibility for voluntary top-ups via the HMRC website or by contacting the Future Pension Centre. As the deadline nears, pensioners are being advised to act promptly to avoid missing out on this one-time opportunity to secure a more stable retirement income.
