Mothers 'may have been underpaid £1 billion in State Pension payments'

12 Jul 2023

Mothers may have been underpaid around £1 billion in State Pension payments, according to research published by the Department for Work and Pensions (DWP).

Some mothers' national insurance records are missing information, according to the DWP, which led to workers being underpaid their State Pension. As part of government plans to correct the issue, affected workers will receive a letter from the DWP.

HMRC will use national insurance records to identify as many women as possible who may have been entitled to home responsibilities protection (HRP) between 1978 and 2010 and currently do not have any HRP credits on their national insurance record.

A government spokesperson commented: 'Most people's records will be unaffected, and we will shortly be launching a new online tool to help people check whether they need to claim. HMRC will also begin writing to those likely to be affected from the autumn.

'Our priority is ensuring everyone receives the financial support to which they are entitled, and State Pension underpayment rates due to official error remain low at 0.5% of expenditure. Where errors do occur, we are committed to fixing them as quickly as possible.'

Copyright

© 2024 Michael Letch & Partners LLP. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Contact Us

Please call:
01277 655 626

Quick links

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

Address
Michael Letch & Partners LLP, 146 High Street, Billericay, Essex CM12 9DF

Michael Letch & Partners LLP is a limited liability partnership registered in England and Wales with registration number OC328815.

Michael Letch & Partners LLP is also regulated by the Financial Conduct Authority to carry out specific activities and investment advice (registration number 112064).

The term ‘Partner’ is used to refer to a member of Michael Letch & Partners LLP. A list of members is open to inspection at our registered office at 146 High Street, Billericay, Essex, CM12 9DF.

Michael Letch & Partners LLP is registered as auditors in the United Kingdom by the Association of Chartered Certified Accountants