State Pension provides essential financial support for over 12.4 million older people across the UK, including some 981,399 Scots.
14.03.2022 - 19:38 / dailyrecord.co.uk
State Pension provides essential financial support every four weeks for around 12.4 million people across the UK, including 981,399 Scots.
This regular payment of either £179.60 per week for the Full, new State Pension or £137.60 per week for the basic old State Pension (Category A or B) is available for those who have reached the UK Government’s eligible retirement age, which increased to 66 for both men and women in October 2020.
However, two further increases are currently set out in legislation - a gradual rise to 67 for those born on or after April 1960 and a gradual rise to 68 between 2044 and 2046 for those born on or after April 1977.
For anyone approaching the official age of retirement, it''s worth being aware that your age may affect which benefits you can claim in later life because when you reach State Pension age or Pension Credit age you can start claiming some benefits while others will stop.
Your State Pension age is the same as your Pension Credit age unless you are a man born before December 6, 1953.
You can check your State Pension age and whether you can start claiming Pension Credit on the Check your State Pension age page of the GOV.UK website here.
Turn2Us has created an essential guide to the benefits you cannot claim from the Department for Work and Pensions (DWP) when you reach State Pension age or Pension Credit age.
When you, or your partner, reach Pension Credit age, you can no longer claim:
When you, or your partner, reach State Pension age, you can no longer claim:
You can’t make a new claim for Disability Living Allowance (DLA) or Personal Independence Payment (PIP) once you have reached State Pension age, however, if you were already claiming DLA or PIP, you can renew the claim even
State Pension provides essential financial support for over 12.4 million older people across the UK, including some 981,399 Scots.
The Department for Work and Pensions (DWP) has confirmed that State Pension payments will increase by 3.1% in line with the Consumer Price Index (CPI) from Monday April 11, 2022.
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The Department for Work and Pensions (DWP) recently confirmed that State Pension payments will increase by 3.1% in line with the Consumer Price Index (CPI) from April 11, 2022.