Safeguarding parents' pension rights

In order to qualify for the full single tier state pension you need 35 full qualifying years of National Insurance contributions.

If you are registered for child benefit for a child under 12 then you automatically received Class 3 credits, which count towards your state pension.

But since the introduction of the High Income Child Benefit Charge (HIBC), which claws back payments,if a parent earns more than £50K, many such parents have chosen not to register.

This may prove to be an expensive decision, potentially losing 12 qualifying years of NI credits for any-stay-at-home parent- just over a third of the years needed for a full state pension.

But in two simple on-line steps, you can safeguard those NI credits:

Step 1 Claim the benefit on form CH2 https://bit.ly/2Wz3EU1

Step 2 Opt to stop receiving Child Benefit https://bit.ly/2MK1SLl

More details can be found GOV .UK https://bit.ly/1QoR8vE