State pension: Britons could get £55,000 boost for £8,000 but deadline looms | Personal Finance | Finance

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This is because the Government warns there are some situations in which paying historic contributions would not boost a state pension at all.

An example might be for those who fall short of a full state pension due to being contracted out. 

Sir Steve Webb, LCP partner and former pensions minister, said: “For many people, paying voluntary NI contributions can be great value for money and can help them boost their state pension in a cost-effective way.  

“For people with gaps in their NI record going back more than six years, the window to fill those gaps will soon close.



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