National Insurance and State Pension – Important Changes

branch-squareFrom 6 April the Basic State Pension and Second State Pension will end and be combined/replaced by a new State Pension. Those who are paying reduced rate National Insurance Contributions at the moment (because they are in a workplace pension scheme that is better than the Second State Pension) will start to pay the standard NI contributions and start to earn a higher State Pension.

Please read the attached circular for information on the changes and the implications for you. pdfNational Insurance and State Pension important changes