Thousands Potentially Underpaid Due to DWP Pension Error Revealed by Steve Webb
Wednesday, 24 July 2024, 11:24
DWP Pension Error Overview
Recent findings by Steve Webb have revealed a significant pension error at the Department for Work and Pensions (DWP). This blunder affects thousands of claimants who save into pensions and has resulted in potential underpayment of Universal Credit.
Implications of the Error
- Claimants could be eligible for increases in Universal Credit payments.
- Affected individuals may also receive backdated arrears as a result of this error.
Conclusion
The error uncovered by Webb underscores the need for diligent pension assessments in benefit calculations. Immediate action from the DWP is essential to rectify the mistaken underpayments and support those impacted.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.