People due State Pension or benefit payments this week will see slight increase after DWP uprating
10.04.2024 - 09:19
/ dailyrecord.co.uk
State Pensions and benefits increased earlier this week after the Department for Work and Pensions (DWP) applied the annual uprating. More than 12 million people will see State Pension payments rise by 8.5 per cent while those on benefits including Universal Credit and Personal Independence Payment (PIP) will receive a 6.7 per cent increase.
Members of the Daily Record Money Saving Scotland Facebook group have confirmed that even though the uprating was only applied on April 8, two people in receipt of PIP have received a slightly higher amount in their payments on Wednesday (April 10). Both members receive the maximum PIP rates - worth £691 in the 2023/24 financial year - and have been paid £694.29.
The new maximum PIP rate will be worth £737.20 in the 2024/25 financial year, but most people will not receive the full amount until May as payments are usually made four weeks in arrears. People on the State Pension or benefits can expect to see a similar blend of old and new rates until a full payment cycle has passed since the uprating was applied.
Universal Credit is slightly different as assessment periods run from month-to-month on a specific date. Similarly, those who receive weekly payments will also receive the full, new rates sooner.
Weekly rates are shown, unless otherwise stated and have been listed in alphabetical order to make it easier to find the payment relevant to your own situation.
A full list of the increases along with the Benefits Caps, earnings thresholds and Housing Benefits allowances, can be found on GOV.UK here.
Care Component
Mobility component
Single
Couple
Full details on amounts for mixed age households and premiums can be found on GOV.UK here.
Short-term Incapacity Benefit (over State
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