Mothers miss out on £500m in state pension rights - research

Due to Child Benefit rules changes

Hannah Godfrey
clock • 3 min read

Mothers have missed out on more than £500m in state pension rights in the last three years because of changes to the rules around Child Benefit, according to research by Royal London.

The group's policy paper The Mothers Missing out on Millions showed the High Income Child Benefit Tax Charge introduced in 2013 meant families receiving child benefit where one parent earns more than £60,000 a year incur a tax charge that wipes out the value of Child Benefit. In response, said the report, growing numbers of mothers are simply not claiming Child Benefit in the first place and are thereby losing out on valuable credits towards their state pension rights. Under the current National Insurance system, a parent - usually a mother - receiving child benefit for a child under ...

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