Tens of thousands of pensioners could be in for a windfall in 2023. It's because the Department for Work and Pensions says it expects to complete an exercise to rectify underpayments within the next 12 months.
It specifically affects two groups of women. They are designated as CAT BL and CAT D, which includes married women who should have received an upgraded State Pension and those aged over 80.
The Pensions Minister has said that the correction process should be completed in 2023, but could run through to “late 2024”. DWP figures show that £209.3 million in State Pension underpayments have been repaid to 31,817 pensioners since the correction exercise began in January 2021 and the end of October 2022, reports the Daily Record.