HMRC alerts parents and caregivers to apply for missing Home Responsibilities Protection (HRP) credits, which can significantly increase state pension benefits. Specifically, parents who had children before May 2000 may qualify for HRP that could amount to an additional 100,000 in state pensions, especially if they have had years unrecorded. Initially introduced between 1978 and 2010, HRP provided annual credits for those claiming Child Benefits or caring for someone disabled. The reminder aims to ensure that eligible individuals maximize their pensions before retirement.
HMRC is reminding parents and carers to apply for a scheme which could be worth an extra 100,000 or more to state pensioners when they retire.
If you became a parent before May 2000, you may have Home Responsibilities Protection (HRP) missing from your National Insurance record. This could mean you're missing out on State Pension payments.
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