You could be missing out on thousands of pounds.
The DWP says it could delete historic pension records . (Image: Getty Images)
You could be owed money after plans to delete old pension records have raised fears that some underpaid pensioners could lose out. The error could impact people where gaps in National Insurance records were linked to Home Responsibilities Protection (HRP) credits.
It’s important to make sure you’re not missing out on any money you should be eligible for.
There are concerns about how long the Government will keep the data for which is needed to correct this issue.
The DWP says it could delete historic pension records. While it was doing this before, this action was paused during an earlier correction programme.
You’ll want to make sure you get all the money you’re entitled to. (Image: Getty Images)
Some are worried this may make it harder to resolve underpayments.
In its previous annual report, the DWP estimated that around 194,000 people could be affected by the HRP error and set aside £1.15 billion to address the issue.
According to Which?, as of March 31 this year, 12,379 people had been repaid a total of £104 million, with an average repayment of £8,377.
If you’re wondering how to check if you’ve been impacted, there’s a certain criteria you’ll need to meet.
If you spent time caring for children or disabled adults between 1978 and 2010, you may be missing National Insurance credits that should count towards your state pension.
If you’re hoping to retire, it can be stressful financially. (Image: Getty Images)
New research from the DWP has revealed the main reasons why those who have received a letter from HMRC asking them to check their State Pension, as it may be incorrect, have failed to do so, according to Chronicle Live.
HMRC has sent out more than 370,000 letters, mostly to women, urging them to check their State Pension payments as they may be lower than they are entitled to.
You should have received a letter if you’re affected, but if not, you can use the Government’s online tool to check.
