Annual £303 State Pension payment boost for older people with grandchildren

The Department for Work and Pensions (DWP) recently published a new update on progress of the State Pension Underpayments Legal Entitlements and Administrative Practice (LEAP) exercise. The latest figures show that 97,016 people over State Pension age - mostly women - have received back payments averaging £2,192, £5,713 and £12,486, depending on their pension category.

New research from retirement specialist Just Group suggests that more than a third of retirees did not check their State Pension forecast before they retired despite 1.2 million households relying on the State Pension as their primary source of income in retirement.

An online petition calling for a public inquiry to be held into changes made to the State Pension age for women born in the 1950s has passed the 10,000 signature threshold and is now entitled to a written response from the UK Government.

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Sir Stephen Timms, chairman of the Work and Pensions Committee, has written to Work and Pensions Secretary Mel Stride, following an oral evidence session last week with the Women Against State Pension Inequality (WASPI) Campaign and the Parliamentary and Health Service Ombudsman (PHSO) on the findings in its final report into changes made to the State Pension age for millions of women born in the 1950s.

The latest figures from the Department for Work and Pensions (DWP) show that at the end of August 2023, more than 1.5 million older people were receiving additional financial support through Attendance Allowance, including over 136,200 living in Scotland. This is a significant increase of 36,061 on the number of people claiming the non-means tested benefit in the previous quarter, ending in May 2023.

The Scottish Government will replace Winter Fuel Payments with a new devolved lump sum later this year. Pension Age Winter Heating Payment (PAWHP) is set to be provided on a like-for-like basis to its Department for Work and Pensions (DWP) counterpart and paid to everyone over the State Pension age every year.

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A new online petition is calling for all people over the official age of retirement (66) to be paid the New State Pension weekly rate of £221.20, some £884.80 every four-week pay period. At present, those who reached retirement age before April 6, 2016 are only eligible for the Basic State Pension, which is worth up to £169.50 each week, some £678 every pay period.

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HM Revenue and Customs (HMRC) started writing to older men and women in September 2023, whose National Insurance (NI) records may have been affected by missing periods of Home Responsibilities Protection (HRP), resulting in a shortfall in their State Pension payments.

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Prime Minister Rishi Sunak has told MPs that he “understands the strong feelings” across Parliament over the lack of response to the recently published Parliamentary and Health Service Ombudsman’s (PHSO) final report into the impact of changes to the State Pension age for women born in the 1950s. During Prime Minister’s Questions on Wednesday, he acknowledged the “desire for urgency in addressing them” but added that an update “will be given to the House once those findings have been fully considered”.

The latest figures from the Department for Work and Pensions (DWP) show the State Pension is providing essential financial support for nearly 12.7 million people across Great Britain, including more than one million living in Scotland. This regular payment is now worth up to £221.20 per week for those on the New State Pension (claimed after April 6, 2016), or £169.50 each week for the Basic State Pension (Category A or B).

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Hundreds of thousands of older women are due to receive a letter from HM Revenue and Customs letting them know their National Insurance (NI) record may contain missing periods of Home Responsibilities Protection (HRP) which in turn has affected the level of Basic or New State Pension they are entitled to. The Treasury started issuing these letters in September last year and is working with the Department for Work and Pensions (DWP) to correct any administration errors as quickly as possible.

More than one million people over State Pension age can expect to receive a series of one-off payments worth up to £367 this year from the Scottish Government and the Department for Work and Pensions (DWP). None of these payments are due to arrive until November at the earliest, but it’s important to be aware of how much to expect and when.

More than 1.5 million older people claiming Attendance Allowance are set for a significant income boost this year now that the annual Department for Work and Pensions (DWP) uprating has been applied. On top of the 6.7 per cent increase, both the New and Basic State Pension have risen by 8.5 per cent.

The latest Department for Work and Pensions (DWP) figures indicate that fraud and error in the benefit system is falling after the UK Government restated its determination to drive levels down further and protect taxpayers’ money. The most-recent national statistics show that in the 2022/23 financial year, fraud and error rates fell to 3.6 per cent (£8.3 billion) from 4.0 per cent (£8.7 billion) - figures for 2023/24 are due to be published next month.

MSPs have backed the Scottish Government’s call for “compensation in full” to be paid to women impacted by changes to their State Pension age. In a Holyrood debate on Wednesday, the Scottish Parliament voted by 75 votes to zero, with 52 abstentions, which included Scottish Labour.