Boost Your State Pension by Providing Care for Children

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Boost Your State Pension by Providing Care for Children
State PensionCareChildren
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Older people providing care during the Easter school holidays for children under the age of 12 may be able to boost State Pension payments by more than £6,000 over a typical 20-year retirement period.

Older people providing care during the Easter school holidays for children under the age of 12 may be able to boost State Pension payments by more than £6,000 over a typical 20-year retirement period. A single extra National Insurance credit currently adds around £303-a-year on to the full, New State Pension .

The State Pension top-up is known as Specified Adult Childcare and works by transferring the National Insurance credit attached to Child Benefit from the Child Benefit recipient to a family member who is providing care for a related child under 12, or 17 if they have a disability. You will receive a Class 3 National Insurance credit for each week or part week you provided care for the child, but there is only one credit available for each Child Benefit claim - no matter how many children are on the claim itsel

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