DWP hits out at 'underpaid state pension' reports

Data had been misinterpreted

Victoria McKeever
clock • 2 min read

The Department for Work and Pensions (DWP) has hit back at reports it admitted to underpaying the State pensions of 30,000 people, arguing the number was a margin for error not a statistic.

According to a report in the Daily Mail, the issue had been linked to mistakes in National Insurance (NI) records in the government's database. A DWP spokesperson explained, however, that the 30,000 number stemmed from a 0.2% margin for error used on department estimates to give a "high-level" indication of potential over and underpayments of NI by the department.  They added: "There is no evidence to suggest this is fixed. It is a high-level estimate based on the accounts the DWP produces when considering how effectively we deliver the State pension for people. The use of this 0.2% f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

Transfer delays highlight need for ten-day Pension Switch Guarantee

Sahar Nazir
clock 29 April 2025 • 2 min read
Sipps: How clients can avoid common retirement planning mistakes

Sipps: How clients can avoid common retirement planning mistakes

'Retirement planning stands as a cornerstone of long-term financial well-being'

James Floyd
clock 28 April 2025 • 4 min read
Origo completes pensions dashboard connection

Origo completes pensions dashboard connection

Completed connection ahead of this week’s first deadline

Holly Roach
clock 28 April 2025 • 2 min read