State Pension ERROR – WHAT IT AND HOW YOU CAN CHECK I’F YOU’RE OWED MONEY

Thousands are People are feared to have missed out on an Old version of National Insurance Credits, Known as Home Responsibilities Protection (HRP)

A Major State Pension ERROR COUND MEAN YOU’RE OWED TENS OF THOUSANDS OF Pounds Back from the Department of Work and Pensions (DWP).

How Much State Pension You Get In Later Life is Dependent on Your National Insurance Record. For example, with the new State retirement, Most People Need 35 Years of National Insurance Contributions to get the full amout.

If you’re out of work, you may be entitled to national insurance credit and these essentially start any gaps in your national insurance record.

But Thousands are People are feared to have missed out on an Old version of National Insurance Credits, Known as Home Responsibility Protection (HRP).

HRP REDUCED THE NUMER OF QUALIFYING YEARS YOU NEED ON YOUR NATIONAL Insurance record to CLAIM The State Pension. It was replaced by National Insurance Credits in 2010.

WHO IS AFFECTED BY THIS ERROR?

HRP SHOULD HAVE BEEN APPLED AMATICALLY TO THIS CLAIMING CHILD BENEFIT – but child benef forms submerted before 2000 did not include a national insurance. This LED to HRP Not Being Correctly Applied to National Insurance Records.

It also impacted those claimimg income support while they were caring for a person with a disability or long-term illness.

If you didn’t have the correct level of hrp applied to your national insurance record, then you have ben underpaid the state retirement and are Owed Money Back.

You may be affected if you took time off Work to look after a child, or a family Member with a long-term disability or illness, between 1978 and 2010. It is though the Main Group of People who are affected are Women in their 60s or 70s.

Latest Frame Frame HMRC Shows 370,000 Women have Been Contained Regarding Potential Underpayments, with the Department of Work and Pensions (DWP).

Of those who responded to the Letters, HMRC Identified 5,344 CASES OF UNDERPAYMENTS BETWEEN January 8 and September 30, 2024, Totaling Approximately £ 42million in Arrears.

How Much Could I Get Back?

It all Depends on how Much You were underpaid by, and for how long. The Latest Figures from the DWP Show the Average Payout per person is £ 7,859.

But for some People, the Money Back Has Been in the Tens of Thousands of Pounds. For example, one person Called Cilla Wrote in to MoneysavingExpert.com to explain how to recialimed more than £ 31,000 in backpay.

She Said: “I’ve just received 15yrs’ back pay from hmrc of £ 31,674 for underpayment of my pension. Thank you. ”

How to know if i’ve been underpaid?

If you are not recording the full state retirement, you should first Check your retirement forecast or staff. The full new State Pension is Worth £ 230.25 per Week, while the Old Basic State Pension is £ 176.45 per Week.

If it look like you are missing, the next step is to check your National Insurance Record. The Government Has Also Created an Online Checker Tool on Gov.uk.

You can make a claim for missing hrp by using the online service on Gov.ukor by filing out this form and posting it back to hmrc. It is Believed 43,000 People Who Are Due Money Back Are Now Deceased, But Their Families Can Clan on Their Behalf.