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Money saving expert Martin Lewis has revealed how he helped a woman win back one of the largest amounts of cash of her career.
The finance expert revived the story of Thursday’s episode of ITV’s Martin Lewis Money Show, where a grandmother recovered more than £ 82,000 on simple advice.
Three months ago, a grandmother named Jill realized that she might have a claim while watching The Martin Lewis Money Show on ITV, and it’s fair to say it worked.
“That amount of money is … just unbelievable,” Jill said.
Jill, 77, married her husband Robin 20 years ago. Sadly, two years later he was diagnosed with cancer and died in 2008.
“At the time Robin died, I was receiving a very basic state pension,” Jill said.
But she didn’t realize she was also entitled to claim her husband’s pensions until she watched Martin’s show 12 years later.
So Jill wrote to the pension office.
“To my surprise, I received a phone call from a young woman who said that I had, in fact, been underpaid.”
How much for? They owed him £ 82,100.
“I just couldn’t get it into my head, it was amazing,” Jill said.
Video not available
“I think it will be a good Christmas for the family, my grandchildren and my children.”
And Jill is not alone, reports the Mirror.
Martin said: “There are hundreds of thousands of women who could be losing thousands of pounds in the state pension.”
The reason is that married women who reach the state pension age before April 2016 must receive a minimum of 60% of the amount of their husband’s state pension.
And if you haven’t been paid enough, you can get a retroactive date based on when your husband turned 65.
If it was after March 2008 and you missed it, you can go back to that point.
“With £ 82,000 at stake, it’s worth the time,” said Martin.
But that is not the only pension payment that is possible.
He noted that there is a campaign by former pension minister Steve Webb to get thousands of pounds sterling up to 80.45 a week in his psnison.
It applies to women who are now divorced or widowed or whose husbands are 65 or older and reached state retirement age before April 6, 2016.
When people have learned that they can claim, some have received more than £ 5,000 as a result, as well as seeing their weekly payments increase from then on.
They lack their due cash thanks to the way the old system worked.
This caused married women to pay less national insurance than their husbands – the so-called “married women stamp” – but they were entitled to payments worth 60% of what their other half received in retirement.
But they had to claim it themselves.
Women over 80 can also increase their payments to this level, if they pass a simple residency test.
Martin added that women and men over 80 can also get a recharge.
If you are paid less than £ 80 per week you can get a boost up to this amount, and this is also retroactive until you turn 80.
“Contact the government pension service to see if you are missing out,” he said.
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