Get my latest blog post direct to your inbox every week!

  

01908 774323

 

    

Thousands of Pensioners May Be Eligible for DWP Refund

Are you owed money from the Government?

Posted by Helen Beaumont on 26/06/2024 @ 8:00AM

If you or a loved one have claimed child benefits between 1978 and 2000, you may be one of the many who have been underpaid their state pension due to errors in National Insurance credits ...

Don't miss out on your rightful state pension. Contact the DWP today to find out more!

Don't miss out on your rightful state pension. Contact the DWP today to find out more!

created by sblogit! the ai-driven blogging platform


This mistake occurred because of incorrect state pension payments being made to individuals who were claiming child benefits during that time period. These credits, known as Home Responsibilities Protection (HRP) credits until 2010, were not transferred correctly, resulting in thousands of people in their 60s and 70s being owed thousands of pounds.

"But how did this error happen in the first place?"

When applying for these credits, many individuals left their National Insurance number off the form. This may seem like a small mistake, but it has had a big impact on pensioners who are now eligible for their state pension.

Out of the estimated 210,000 people affected by this error, 60,000 have already passed away. This means that their families may be entitled to claim the money owed to them. However, the responsibility falls on the Department for Work and Pensions (DWP) to correct these mistakes and ensure that the rightful recipients receive their state pension in full.

In response to this issue, the DWP has set up a dedicated team and allocated significant resources to address these errors as quickly as possible. They have also started contacting those affected by this issue, with letters being sent out in late 2023. The DWP estimates that there could be around 187,000 cases with an underpayment of state pension, with a total of £1,043 million owed.

If you're wondering if you or a loved one may be owed a state pension refund, you're not alone. The pensions minister for DWP, Paul Maynard, raised this issue with Dame Angela Eagle on 23 April, and an update on the progress of correcting these errors is expected to be published in this year's annual report!

So, what should you do if you think you may be eligible for a DWP refund? The first step is to check if you or your loved one have claimed child benefits between 1978 and 2000. If so, you can contact the DWP to enquire about the status of your National Insurance credits.

"It's important to have your National Insurance number on hand when making this inquiry!"

If you or a loved one have claimed child benefits between 1978 and 2000, you may be one of the thousands of pensioners who have been underpaid their state pension. The DWP is taking action to correct these errors, but it's important to check if you're entitled to a refund.

Don't miss out on your rightful state pension. Contact the DWP today to find out more.

Until next time ...



HELEN BEAUMONT



Would you like to know more?

If anything I've written in this blog post resonates with you and you'd like to discover more about a potential DWP Refund, do give me a call on 01908 774323 and let's see how I can help you.

Share the blog love ...

Google AMP  /  Précis  

Share this to FacebookShare this to TwitterShare this to LinkedInShare this to PinterestShare this via Buffer

#StatePension #DWPRefund #Pensioners #NationalInsurance #HMRC

About Helen Beaumont ...

 

Helen brings the personal tax planning experience of the top 20 tax companies to Essendon. Formerly of MacIntyre Hudson (with 45 offices nationwide), Helen worked at Chancery for more than 10 years before joining Essendon as the personal tax specialist.

Tax Planning can make a considerable difference to your tax liability. Helen has specialist knowledge and experience in tax planning and uses every opportunity to minimise your tax bill is utilised. By analysing your investments, income, profit and expenditures, Helen will provide strategic tax planning expertise that could offer significant savings, whilst delivering clear, honest advice and guidance.

When Helen is not at Essendon she spends time with her young son and likes going on long walks with the family dog.