Incorrect Last password change displayed by chage

Issue

• Last password change date displayed by chage is incorrect.

  # passwd bob
  Changing password for user bob.
  New password: 
  Retype new password: 
  passwd: all authentication tokens updated successfully.
  
  # date
  Sun May  9 09:50:09 AEST 2021                                              <<<<<=====
  
  # chage -l bob
  Last password change                                  : May 08, 2021       <<<<<=====
  Password expires                                      : never
  Password inactive                                     : never
  Account expires                                       : never
  Minimum number of days between password change        : 0
  Maximum number of days between password change        : 99999
  Number of days of warning before password expires     : 7