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money saver Martin Lewis urges thousands of women in UK to verify state pension payments.
When appearing on ITV’s Lauren Show, the financial journalist explained how many women can lose payments thanks to an « outdated » set of rules that affect some married, widowed and divorced women.
According to Express, it was stated that women 67 and older should take immediate action to see if they are underpaid, and if they can get a refund.
Under the old state pension system, married women were able to claim a basic government pension of 60 percent of the full rate based on their husbands’ contributions.
This was the case if the pension they could get through this measure was greater than their own contributions.
Before March 2008, women were required to file a claim in order to receive an improved copy of the state pension.
Women with husbands who reached the age of 65 before March 2008 must have received correspondence from the Ministry of Work and Pensions (DWP) informing them of the option to increase their state pension.
However, many stated that they had not received such correspondence and therefore may be entitled to receive retroactive payments..
However, a computer malfunction means these women may not have been aware that their pension was not being increased, and they could receive late payments..
The Doha Action Program is now conducting a thorough examination of its records to identify those affected, but Martin urged women to take proactive action on the issue..
While in most cases state pensions have been meticulously paid, there is some ambiguity.
Martin also pointed to a success story, which he said should « inspire » women to take action on the issue.
A Briton, Jill, called DWP to see if she could benefit after hearing about the underpayment of government pensions..
In the end, Jill was able to claim a government pension of £ 82,000 – an amount that could change many lives..
While government pension payments are likely to vary on a case-by-case basis, women can be assigned to receive a large sum in some cases..
So, a check sooner rather than later is likely to be of particular interest if the person wishes to have a refund.
For information on how to contact the retirement service so you can verify payments, visit here.
Martin Lewis, Finance, Pension, State Pension
World News – Britain – Martin Lewis’ new warning for thousands of women in the UK
Ref: https://www.manchestereveningnews.co.uk