Martin Lewis Urges Action on Pension Boost Deadline

Martin Lewis has urged individuals to check and potentially boost their state pensions by purchasing back missing National Insurance years before an imminent deadline. The scheme now allows people to buy up to 13 years of records, from 2006 to 2019, which can significantly increase their future pension benefits. The deadline for this opportunity is April 5, after which only years from 2019 onward can be purchased. The potential financial benefit is substantial, with a possible increase of up to £100,000 in pension value over a lifetime. Additionally, the Department for Work and Pensions highlights the importance of Pension Credit, which provides up to a £4,200 annual increase for eligible pensioners, along with additional financial support like a free TV license and council tax reductions. Lewis emphasizes the urgency of these actions as a financially lucrative measure for many individuals.