By Daniel Hunter
Thousands of people over the age of 61 will soon be able to boost their state pensions by topping up payments, the government has announced.
Those due to retire before April 2016 are at risk of missing out on a new higher state pension of £144 per week. The government's plans will allow those people to top up their pension by £25.
The government said it expects around 265,000 people to take advantage.
It will take into account people's age and their life expectancy.
According to the government's calculator, 65 year olds will receive an extra £1 per week by paying £890 total. And 75 year olds will receive the same amount by paying £674.
A new form of voluntary National Insurance Contributions (NICs) will be used to collect the payments.
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