The facts are as follows :
A lifelong native UK-resident (born before 1952) has not claimed his state pension yet - he has voluntarily deferred his pension. This means he was entitled to pension payments for past years which have not been paid to him. On the other hand, he also owes HMRC national Insurance contributions from the past.
The question is :
Can he offset these owed national insurance contributions against the deferred pension payments of the past ? This would mean that he does not have to pay the owed contributions because they can be offset against the pension payment of arrears, i.e. he will receive the pension payment of arrears minus the owed NI contributions.
Correct ?
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