Published On: Thu, Jun 11th, 2020

Martin Lewis money saving expert: Warning to thousands of female State Pensioners | Personal Finance | Finance


Martin Lewis uses his platform to offer top financial tips and tricks to Britons searching for the answers to vital queries. But the famous money saving expert has released new guidance which specifically applies to thousands of married women and their State Pension sum. Martin has highlighted that hundreds of thousands of married women are likely to be missing out on a higher State Pension pot due to a particular action many are unaware of. 

Women are entitled to receive 60 percent of the basic state pension their husband receives when reaching State Pension age.

In the 2020/21 tax year, the full basic state pension stands at £134.25 weekly.

This means married women claiming on this basis could receive £80.45 per week if their husband is or was on the full basic State Pension sum.

As a result, women could end up being entitled to £4,183.40 over the course of the year.

However, sadly, those who have a husband who reached State Pension age before March 17, 2008, could potentially have missed out significantly.

Under government rules, this can only be backdated for a year, as the boosted payment was not automatic. 

Those in this group can still claim at the correct rate, but can only receive backdated payments of up to 12 months. 

The former pensions minister, Sir Steve Webb, has called upon the government to reassess the 2008 rule to ensure female pensioners do not miss out.

Martin has also urged people to contact the Pension Service to ask how much they are getting in pension, and prompted husbands and wives to check their annual State Pension statements.

A DWP spokesperson said: “We are aware of a number of cases where individuals have been underpaid state pension. We corrected our records and reimbursed those affected as soon as errors were identified. We are checking for further cases, and if any are found awards will also be reviewed and any arrears paid.”



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