Sentences with phrase «voluntary national insurance contributions»
State Pensions A scheme is to be introduced to allow current pensioners, and those who reach State Pension age before the introduction of the new single tier pension in April 2016, an option to top up their Additional State Pension record through a new class of voluntary National Insurance contributions, to be known as Class 3A.
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Work and pensions secretary James Purnell proposed an amendment to the pensions bill which will allow people to buy up to an additional six years of voluntary national insurance contributions, over and above those permitted under the current time limits, in order to enjoy a higher state pension.