Surprising! State Pension £5,000 Back Payment Coming In Uk: Know Dates & Eligibility Criteria :- Good news for a lot of women in their 60s and 70s! A lot of people will get up to £5,000 back in State Pension payouts by the end of this year. This piece tells you everything you need to know about this windfall, such as who is eligible, how to claim, and when you will get your money.
State Pension £5,000 Back Payment Coming in UK
The Department for Work and Pensions (DWP) admits that mistakes in the past caused State Pensions to be underpaid by a large amount. This was because of mistakes in tracking Home Responsibilities Protection (HRP) and Universal Credit National Insurance (NI) contributions.
When HRP was in power from 1978 to 2010, its goal was to protect parents’ and caregivers’ pension rights. However, problems with tracking meant that these underpayments happened.
| Important Links |
|---|
Eligibility
HM Revenue and Customs (HMRC) is looking for people who did not get HRP credits from 1978 to 2010.
The current effort is aimed at about 187,000 cases, which are worth a total of £1.043 billion in underpayments.
Who is eligible?
- Women who had children or took care of others during the HRP time.
- These people have NI records that don’t properly show their entitlements because of record discrepancies.
How to Claim
Wondering if you’re owed money? Here’s how to find out:
- Contact the Pension Service: Call 0800 731 0469 for personalized assistance.
- Check GOV.UK: The official government portal has detailed information on eligibility and claiming procedures.
- Monitor DWP Updates: Keep an eye on the DWP’s Annual Reports and Accounts for the latest progress on these corrections.
If you believe you’ve been underpaid, it’s crucial to reach out promptly to ensure your case is reviewed.
Payment Dates
The DWP wants to finish fixing things by the end of 2025. The schedule is below:
- Late in 2023, HMRC started letting people who might be affected know.
- Early in 2024, the DWP begins to handle cases that HMRC has recognized.
The payments will be different, with an average of £5,000 for retirees who are still alive and around £3,000 for the estates of people who have died. This shows how big the mistakes were in the past and how determined the DWP is to fix them.