 |
 |
WOMEN BORN BETWEEN APRIL 1938 AND OCTOBER 1944 FACE DEADLINE
March 25, 2010 12:28 PM
Local MP John Leech is urging elderly women to see if they are eligible for a supplement to their pensions.
A scheme which would allow women born between April 1938 and October 1944 to supplement their pensions considerably is due to end on 5th April 2010, in less than two weeks.
The scheme allows eligible women to 'buy back' certain missing years in their National Insurance record on exceptionally favourable terms.
If they 'buy back' one or more of those years they would benefit by paying the going rate of contributions that prevailed at the time rather than the current rate. If the backdated pension they then become entitled to is bigger than the cost of buying back the missing years, they will receive a cheque for the difference.
John Leech MP said:
"This is incredible and could mean that as many as one in four pensioners might be entitled to extra money at no cost to themselves.
"I would encourage women who think they might be eligible to contact the National Insurance Deficiency Notice Helpline directly on 0845 915 5996."
Notes:
The scheme allows certain women born between April 1938 and October 1944 to 'buy back' certain missing years in their National Insurance record on exceptionally favourable terms. The 'missing years' in question are those from 1996/97 to 2001/02 inclusive. If they buy back one or more of these years they get three benefits:
receive a basic state pension of less than £92.25 per week AND;
have at least one 'gap' year in their National Insurance record between 1996/97 AND;
reached pension age of 60 before their husband turned 65
The gap years in question are 1996/97 to 2001/02 inclusive.
What would you like to do next?
-
Subscribe for updates
Follow the party's activity on...
- Twitter:
- Liberal Democrats
- Facebook:
- Liberal Democrats
- YouTube:
- Liberal Democrats