£299 cost of living payment can still be claimed by nearly one million older people before next month
13.02.2024 - 11:01
The Department for Work and Pensions (DWP) is encouraging low-income pensioner households to check their eligibility for Pension Credit as successful claims made before March 5, 2024 will receive a backdated £299 cost of living payment. Pension Credit is a retrospective benefit that can be backdated by up to three months, which would take any new claims made between now and March 5 to within the qualifying period of November 13 - December 12, 2023.
The latest figures from the DWP suggest there are around 880,000 eligible pensioners not claiming the benefit they are entitled to - and missing out on £3,900 additional annual income. Nearly 1.4m pensioners, including 127,000 living in Scotland are in receipt of the income-related benefit which also opens the door to additional financial support for housing costs, Council Tax, heating bills and free TV licences for the over-75s.
The benefit currently tops up income to a minimum of £201.05 per week for single pensioners and £306.85 for couples - more if a person has a disability or caring responsibilities. From April, the payments will increase to £218.15 per week for single pensioners and £332.95 for couples.
Older people, or friends and family, can quickly check their eligibility and get an estimate of what they may receive by using the online Pension Credit calculator on GOV.UK here.
Alternatively, pensioners can contact the Pension Credit helpline directly to make a claim on 0800 99 1234 - lines are open 8am to 6pm, Monday to Friday.
Below is an overview of the benefit including who should check eligibility, how to go about it and how much you could get.
Pension Credit gives people extra money to help with their living costs if they are over State Pension age and on a low
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