Parents could protect state pension amount for 12 years - how to ensure you don't miss out
Retirement may seem a long way off, however thinking about pension contributions and the UK state pension now could certainly pay off in the future. Parents and guardians, for instance, may be able to take action now in order to boost their state pension for 12 years.
This can be done via Child Benefit, although the rules differ depending on whether the situation in question was before April 6, 2010 or not.
By claiming Child Benefit, a person can get National Insurance credits which count towards the state pension.
Furthermore, the child will automatically get a National Insurance number when they reach 16-years-old, if Child Benefit is claimed.
For those who are a parent registered for Child Benefit for a child under the age of 12, even if they don’t receive the payment, the parent or guardian should qualify for Class Three National Insurance credits.
