Donegal people who worked in Britain have more time to benefit from a special concession to top up their pension from the UK.
The top-up has been described as a “golden opportunity” for people to boost these pensions, according to today’s Irish Independent.
Thousands of Irish people worked in Britain and paid the equivalent of our social insurance there, giving them access to a pension.
There is a time-limited opportunity for these people to add up to 16 extra years to their UK pension. The deadline for this was to be on April 5.
However, due to a surge in inquiries, the International Pension Centre in the UK has extended the deadline from April to July 31 of this year.
It is understood that huge numbers of Irish people who worked in England, and are now back living in Ireland, have put in an application to buy extra years to add to their British pension.
Financial adviser Vincent Digby of Impartial.ie said it was a “no brainer” for people who worked in Britain to buy extra years for their pension. He advised those eligible for this to make sure they get in before the new deadline.
People can find the application form, the Form CF83, as the last two pages in the HMRC manual NI38 which you can locate by clicking on www.gov.uk
Applicants can complete it and send it off to HM Revenue and Customs.
Read the full report on www.independent.ie
Tags: