Are you on track to receive a full state pension – deadline extended for additional contributions

The opportunity to close the gap in any shortfalls in your qualifying years for state pension  has been extended by the government to 31 July 2023. You can check your contribution history via your personal tax account with HMRC.

This could be worth thousands of pounds to some individuals. You can meet the shortfall by making additional voluntary class 3 payments or class 2 payments if your self employed.

The weekly cost of class 3 is currently £15.85 and for class 2 it’s £3.15 per week. One qualifying year can add approximately £275 per annum onto your state pension per annum and this could be worth thousands from retirement if you live a long healthy life.

You can check out your qualifying years by visiting the government state pension forecast calculator Check your State Pension forecast – GOV.UK (www.gov.uk)