'Staggering' difference in state pension payouts revealed by DWP

Jenna Towler
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State pension payouts can vary from as little as £7 a week to £230 due to the ‘staggering' complexity of current regulations, the pensions minster has said.

The Department for Work and Pensions (DWP) said difference - which can amount to £10,000 a year - is down to the level of basic and additional state pension paid out under the present rules. About 130,000 people get £7 or less a week and the same number of people get £230 or more a week, it said. Pensions minister Steve Webb plans to replace the current system with a flat-rate pension for new retirees set above the means-testing level. It is thought pensioners will be given £140 a week regardless of circumstances. A delayed white paper on the mechanics of the flat-rate pension is d...

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