Important Update on State Pension Back Payments
The Department for Work and Pensions (DWP) has issued a significant update on back payments for state pensions, highlighting progress in addressing historical underpayments identified through the Legal Entitlements and Administrative Practice (LEAP) exercise.
Key Developments
Approximately 119,050 pensioners have been identified as having been underpaid, with an average compensation amount of £11,905. This substantial figure reflects the impact of errors in pension entitlements spanning several years.
The DWP has categorised affected individuals into three groups:
Married women and those in civil partnerships (Category BL)
Widowed pensioners
Individuals aged over 80 (Category D)
Progress Update
Completed Cases: Payments for married women and individuals over 80 have been finalised, marking a significant milestone in the DWP’s review process.
Ongoing Work: The focus has now shifted to widowed pensioners, with the department committed to completing these cases by the end of 2024.
The review, initiated in January 2021, systematically examines pension records to identify and rectify underpayments. This structured approach ensures that those eligible for compensation receive their rightful entitlements.
What You Need to Know
The average back payment of £11,905 underscores the scale of the issue and the DWP’s efforts to resolve it. The department’s systematic review continues to make steady progress, and officials have reaffirmed their commitment to adhering to the established timeline for the remaining cases.
Are You Affected?
If you believe you may be eligible for back payments or have concerns about your state pension, it is essential to stay informed and take proactive steps. At Pension Pathfinder, we provide guidance and resources to help pensioners navigate their entitlements.
For more information or assistance, visit our website or contact our team today.
Contact Pension Pathfinder
Email: admin@pensionpathfinder.co.uk
Website: www.pensionpathfinder.co.uk
