The Department for Work and Pensions has published an important update on progress of the State Pension Underpayments Legal Entitlements and Administrative Practice exercise. The latest figures show that 97,016 people over State Pension age - mostly women - have received back payments averaging £2,192, £5,713 and £12,486, depending on their pension category.
Commenting on the update, Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said: "Progress is being made to rectify the large-scale issue of state pension underpayments, but it is very slow. Just over £571m has been returned so far but with estimates suggesting the scale of underpayments could be around £1.5bn there’s still a very long way to go.
However, it's important to be aware that most of the 12.7 million people receiving the State Pension are being paid the right amount of money.Latest State Pension News State Pension underpayment progress - February 2024 The number of cases reviewed, arrears identified and payments made between January 2021 and February 2024 are listed below.
How to check if you are affected or make a claim There are now nearly 12.7 million people across Great Britain claiming State Pension, including more than one million in Scotland. Of that overall total, 9.3 million are in receipt of the Basic State Pension and 3.4 million on the New State Pension.
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