The 'basic' pension is paid to people who reached state pension age before April 6, 2016 with the new 'flat-rate' pension being paid to those after that date. How can I boost state pension? On average, 123,000 people pay to boost their state pension every year, according to a freedom of information request by wealth manager Quilter. Millions of people have spent at least a year paying into a 'contracted out' pension, which is meant to replace part of their state pension. This will potentially boost the state pension for thousands of you by tens of thousands of pounds over your lifetime.

Source: Daily Mail June 14, 2023 11:15 UTC