Military veterans told they owe thousands of pounds over clerical error

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Image source, BBC News Image caption, Royal Artillery veteran Ray Lawton has been ordered to repay 8,000 By Colletta Smith , BBC Your Voice correspondent and Bobbi Huyton , BBC Your Voice journalist Published 4 hours ago Hundreds of former members of the military have had their pensions slashed after receiving letters telling them to repay thousands of pounds because of a clerical error. The Ministry of Defence (MoD) confirmed to the BBC that more than 1000 retired service personnel are being pursued for debts. The majority, 335 veterans, were overpaid a total of 5.1m as a result of incorrect National Insurance calculations. The Forces Pension Society said it is aware of a small number of veterans whose debts were wiped after raising a formal complaint. Ray Lawton, 70, was told in July he owed 8,000 following six years of overpayments. Days later, his monthly military pension was cut from 550 to 365. "I haven't got 8,000 to pay out," said Lawton, who served 16 years in t...

Stocks making the biggest moves midday: Nvidia, Okta, Hormel, Veeva, HP, Celsius, Best Buy & more

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