New figures published by the UK Government show that at the end of March, the number of people making voluntary National Insurance (NI) contributions to top-up missing or incomplete years on their State Pension surged by 85 per cent over the 2022/23 financial year.
The National Insurance Fund Accounts indicate that £391,973,000 worth of Class 3 NI contributions were made for the year ending March 31, compared to £212,311,000 paid in the previous year.
Class 3 contributions are voluntary contributions that can be used to fill gaps in NI records which in turn boost State Pension payments in retirement, ensuring someone receives full entitlement.
The latest figures from the Department for Work and Pensions (DWP) show there are now 12.6 million people receiving State Pension payments, including 1.1 million living abroad and 992,052 in Scotland.
Read more on dailyrecord.co.uk
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