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Pension Credit Overpayments Hit Record £610 Million as DWP Readies Bank Data Checks

A phased pilot in 2026 will use new legal powers to verify claims via bank data.

Overview

  • Official figures for 2024/25 show 28 out of every 100 Pension Credit claims were overpaid, totalling £610 million, driven by £270 million in fraud, £240 million in claimant errors and £100 million in departmental mistakes.
  • Separate DWP data indicates three in every 100 claims were underpaid, amounting to roughly £70 million, mainly from official errors on additional elements such as severe disability payments.
  • The Eligibility Verification Measure under the 2025 Act will allow the DWP to require information from banks and other financial institutions to confirm entitlement and identify incorrect payments.
  • Implementation will follow a test‑and‑learn rollout in 2026, starting with Universal Credit, Pension Credit and Employment and Support Allowance.
  • Ministers plan case reviews for Pension Credit and say human decision‑makers will oversee any flags, with the state pension explicitly excluded from the new checks.