Martin Lewis says state pensioner couples in line for £150,000 payment boost

Martin Lewis says state pensioner couples can add £149,500 to their payments. The BBC Sounds and ITV star says deadlines which will allow you to add £149,500 as a couple are looming, though, so you need to act and act fast.

Filling in missing National Insurance years on your HMRC government gateway account could leave you £149,500 better off if you're a couple. For each £800 or less you pay, you could gain £5,400 or more. The alert from Mr Lewis affects men born after 5 April 1951 and women born after 5 April 1953.

If you’re missing 13 years and buy them all back, that makes a total of £79,300 extra in your state pension if you’re female and £70,200 if you’re male. The ITV star even heard firsthand from a couple who had taken advantage of the rallying cry.

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“Over a 20 year period collectively that’ll be nearly £64,000,” the man told Martin. “That’s not how much we’ll get, that’s how much extra we’ll get on top of what we would have got if we hadn’t paid the money.” Martin added: “This is a serious amount of cash and I’m going to try to take you through it step by step.

“There is a deadline coming. This is about the fact that each £800 you pay you could gain £5,400 or more. It’s all about the new state pension that came in in 2016. That is for men born after April 5 1951 and women born after April 5 1953. To get the full state pension you need to have 35-ish qualifying national insurance years.

“And it is a big ish, it’s not 35 years, it varies on lots of factors so just see that as an ish. You gain National Insurance years usually by working, currently you have to earn over £125 a week to get them. But millions of people are missing National Insurance years. You might have spent years abroad, you might have had a low income, a career break…

“So my clarion call today is about check now if you can buy missing years. It ends this tax year, April 5 2025, until then you can buy back missing years to 2006, after the transitional arrangements end you can only buy back six years, so there are 13 missing years that are going to close this year.”