People claiming State Pension urged to check if they qualify for weekly payment boost of up to £182

A pensions expert is warning 12.5 million older people across the UK to prepare for a financial blow next week when Chancellor Jeremy Hunt delivers the Autumn Statement. Ray Black, managing director of chartered financial planning firm, Money Minder, suggests there may be “continued restrictions on State Pension uprating”, higher taxes and more controversially, an increase to National Insurance contributions from April announced on November 17.

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The latest figures shared by the Department for Work and Pensions (DWP) show that in February there were 22 million people across the UK claiming at least one benefit. That number includes nearly 12.5 million older people now in receipt of State Pension payments, a contributory benefit only available to those of retirement age with at least 10 years’ worth of National Insurance Contributions.

The latest figures from the Department for Work and Pensions (DWP) show that in February 2022, nearly 12.5 millions people across the UK were receiving State Pension payments, including 1.1 million living abroad and 992,052 in Scotland.

Carer's Allowance Supplement is an extra payment made twice each year to people in Scotland who get Carer's Allowance on two specific qualifying dates. The additional payments are made in June and December while the Department for Work and Pensions (DWP) continues to administer Carer’s Allowance on Social Security Scotland’s behalf.

The most recent report by the public spending watchdog on the Department for Work and Pensions (DWP) accounts has revealed that around 237,000 people over State Pension age have been underpaid a total of £1.46 billion. The underpayments average around £8,900 per person.

State Pension currently provides essential financial support for nearly 12.5 million older people across the UK, including some 981,399 living in Scotland. This regular payment is available for those who have reached the UK Government’s eligible retirement age, which is now 66 for both men and women, and have paid at least 10 years of National Insurance contributions.

The Department for Work and Pensions (DWP) has been reluctant to confirm whether State Pension and benefits will be uprated in line with the current inflation rate of 10.1% next April. New DWP boss, Mel Stride, told the House of Commons earlier this week that a decision will not be announced until the Autumn Statement on November 17 at the earliest.

The Department for Work and Pensions (DWP) has declined a request from Labour MP, John McDonnell, to meet with a delegation of Women Against State Pension Inequality (WASPI) campaigners to “talk about their plight and find a way forward” amid an ongoing investigation being conducted by the Parliamentary and Health Service Ombudsman (PHSO) into the way the DWP communicated changes to retirement age.

The latest figures from Social Security Scotland show that at the end of February, 2022 there were 124,081 people living in Scotland receiving additional financial support through Attendance Allowance. Across the UK, there are now more than 1.5 million people over State Pension age getting either £61.85 or £92.40 each week through the benefit.

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New figures from the Office for National Statistics (ONS) show that Consumer Prices Index (CPI) inflation reached 10.1% in September. This matches the 40-year high inflation hit in July and remains well above the UK Government’s target of 2%.

HM Revenue and Customs (HMRC) has confirmed that more than one million families receiving Tax Credits, and no other means-tested benefits, will get their second cost of living payment next month. Payments for £324 are due to be made between Wednesday November 23 and Wednesday 30, 2022.

Prime Minister Liz Truss confirmed her commitment to protect the Triple Lock on State Pensions during PMQs in the House of Commons on Wednesday, however, she would not confirm to whether Carer’s Allowance would rise by the September Consumer Price Index (CPI) inflation rate of 10.1% - a figure that is typically used to determine the benefits uprating for the following financial year.

The Minister for Work and Welfare has said that the UK Government “understands the pressures people are facing with the cost of living” and has taken further “decisive action” to support households with their energy bills. Victoria Prentis MP, also said that the £37 billion in financial support includes up to £650 in cost of living payments, which have been designed to target support at around eight million low-income households on means-tested benefits and older people receiving Pension Credit.

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Earlier this month, the Department for Work and Pensions (DWP) confirmed that by September 30 it had processed almost six million £150 disability cost of living payments to eligible claimants across the UK, worth around £900 million in total.

State Pension currently provides essential financial support for 12.5 million older people across the UK, including some 981,399 living in Scotland. This regular payment is available for those who have reached the UK Government’s eligible retirement age, which is now 66 for both men and women, and have paid at least 10 years’ of National Insurance contributions.