You may have read recently that up to two million workers a year who faithfully paid their tax bills have not been matched with their NI contributions – another shocking scandal to involve Her Majesty's Revenue and Customs - which is still reeling from last year's crisis that left millions paying the wrong amount in tax.
So what has gone wrong?
Millions of workers who have paid National Insurance have not been awarded the National Insurance credit for that year. As a result, they risk losing part of their state pension.
Every year of missing NI will reduce the basic state pension by £3.25 a week. For instance, if five years are missing this will reduce the pension by £16.25 a week.