Article preview: Tucked away in the various Budget documents this week was the news that around 200,000 women are in line for compensation payments due to their underpaid state pensions. The payments will average £13,500 and cover a period of up to 20 years when several groups of women were paid less than they should have been from their state pensions. In a move expected to cost the taxpayer £2.7 billion, the Department for Work and Pensions (DWP) is now starting to calculate how much is owed to women who should have previously received a state pension based on their husband’s National Insurance contributions record.
Budget boost for underpaid state pension women
This 632-word blog post looks at the steps being taken by the Department for Work and Pensions (DWP) to reimburse women who were underpaid their state pensions. Written on 5th March 2021.
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