Pensioners paid less than £530m due to government errors | Pro IQRA News

Pensioners paid less than £530m due to government errors

 | Pro IQRA News

Pro IQRA News Updates.

It was revealed that the errors of the procession saw just over 10% of state pensions being underpaid, to the tune of 1.3 million pensioners at an average amount of £400 per person.

According to the Daily Express, lower payments were found to be owed after the government actively began running checks rather than an estimate.

This means that there may also be collective lower payments of a higher value in previous years.

Millions of pensioners paid less than £530m

Daily Echo:

The underpayments were discovered after government documents were found regarding fraud and errors in the benefits system.

An analysis by the Labor Party found that one in 10 pensioners left out of pocket last year.

In all, the data shows that government errors cost state pension and benefits claimants £1.1 billion from 2021 to 2022.

The figures also found that 10.7% of state pension cases were underpaid affecting 1.3 million retirees.

Speaking of the underpaid payments to pensioners, former pensions minister Sir Stephen Webb said £530m was an “extraordinary” amount of money.

He added: “It is an extraordinary amount to miss, especially during a cost-of-living crisis. It is shocking that proper checks have not been carried out for over 15 years.

“These numbers are the first year they’ve got the checks right – they’ve really contacted people – and it’s not surprising that the down payments are so high.”