Full list of one-off payments and heating bill help for older people due before Christmas
17.11.2023 - 11:25
/ dailyrecord.co.uk
Millions of people over State Pension age are set to receive a series of one-off payments worth MORE THA £1,000 between now and the end of the year to help ease the financial pressure of higher heating bills and the ongoing cost of living crisis. There are four key payments to look out for, but one of them is paid directly to your energy supplier and may need to be claimed while the others should arrive automatically.
It’s also important to be aware that these payments are made alongside the State Pension and are tax-free. The latest statistics from the Department for Work and Pensions (DWP) show there are now 12.6 million people across Great Britain receiving State Pension payments of up to £203.85 each week.
Basic and New State Pensions are contributory benefits which provide crucial financial support to those who have paid at least 10 years’ worth of National Insurance contributions.
However, not everyone of State Pension age is receiving the maximum New State Pension, in fact, just 3.2m of the overall total. More than 9m people are on the Basic State Pension (retired before 2016) and receiving payments of up to £156.20 each week, although this may be topped up by Additional State Pension payments for men born before 1951 and women before April 1953.
This is why it’s important to be aware of upcoming one-off payments to help plan your household budget and spending over the winter.
The £300 payment is being sent out automatically to the account used by claimants for their Pension Credit, which means nobody needs to apply for the financial support - if you receive a text, email or phone call asking you to make a claim for any cost of living payment, it is a scam.
Thousands of people who have reached State Pension age
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