Current pensions system 'would baffle Einstein'

Updated
Minister Steve Webb
Minister Steve Webb

The current state pensions system "would baffle Albert Einstein", the Pensions Minister has said as figures showed that some pensioners are receiving at least £200 a week more than others.

Huge differences in the "pensions roulette" system, which could add up to £10,000 a year, are occurring because the level of basic and additional state pension payouts can widely vary under the "complex" system of regulations, the Department for Work and Pensions (DWP) said.
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