State Pension and DWP benefits set to increase by 10.1% next April as Triple Lock honoured in Autumn Statement

The Department for Work and Pensions (DWP) has announced it expects to complete the correction exercise into State Pension underpayments for two groups of claimants by the end of next year. The Pensions Minister said on Monday the exercise for those on CAT BL and CAT D should be completed in 2023, but could run through to “late 2024”

There are an estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) who will see their payments go up by 10.1% next year. The uprating will come into effect on April 10, 2023.

The Department for Work and Pensions (DWP) has confirmed it has no plans to allow people diagnosed with a terminal illness to access their State Pension prior to retirement age, even if they have accrued sufficient National Insurance Contributions.The official age of retirement is 66 for both men and women and at least 10 years’ worth of National Insurance Contributions are needed for any State Pensions payment.

Christmas Day falls on a Sunday this year which means Boxing Day is on a Monday, however, the bank holiday status for that date has been moved to Tuesday, December 27. This means that benefits and payments from the Department for Work and Pensions (DWP) or HM Revenue and Customs (HMRC) which are due on those dates will be made earlier.

The latest figures from the Treasury suggest there were 36,900 people in work claiming the Blind Person’s Allowance in 2021-22. The Blind Person's Allowance provides an extra amount of tax-free earnings for individuals who are registered as blind and is set at £2,600 for 2022-23.

The new Work and Pensions Secretary Mel Stride has confirmed that the outcome of the State Pension age review will be published before May 2023. The review will consider a wide range of evidence, including findings from two independent reports, to assess whether the rules about State Pension age remain ‘appropriate’.

The Department for Work and Pensions (DWP) has announced that it will continue to encourage more than 11 million older people to check if they qualify for an annual income top-up worth, on average, more than £3,500 throughout December and the new year.

The Department for Work and Pensions (DWP) has confirmed that more than 11.6 million pensioner households across the UK, including around one million in Scotland, have started to receive a one-off payment worth up to £600 to help with their heating bills this winter.

An online petition calling for a minimum weekly State Pension payment of £380 for all men and women over the age of 60 is set to be debated in Parliament next month. The petition, created by Michael Thompson, has received more than 107,980 signatures of support from people across the UK and will now be debated by MPs on Monday December 12, 2022.

Chancellor Jeremy Hunt confirmed during his Autumn Statement that the UK Government’s review of the State Pension age will be published in early 2023 and is scheduled to be released in May. At the start of this year, the Department for Work and Pensions (DWP) launched a second review of the State Pension age, which is now 66 for men and women across the UK.

Millions of people across the UK claiming disability benefits from the Department for Work and Pensions (DWP) and Social Security Scotland are set for a bumper payment boost next year following the Autumn Statement.

Basic and New State Pension payments will increase next year by 10.1% after weeks of uncertainty for nearly 12.5 million older people across the UK. The Department for Work and Pensions (DWP) had declined to commit to whether the Triple Lock rule would return for the 2023/24 financial year after a temporary pause due to the economic fallout from the coronavirus pandemic.

State Pension payments are set to increase by 10.1% from next April for merely 12.5 million people across the UK, including 992,052 living in Scotland. However, despite a record-breaking rise in payments of the contributory benefit, over 1.8 million pensioners are receiving less than £100 per week in State Pension payments.

An estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1% next year.

The UK has officially fallen into a recession, which will push more than 500,000 people into unemployment, according to a new forecast from the Office for Budget Responsibility (OBR).

Chancellor Jeremy Hunt announced a series of new cost of living payments to help millions of households across the country mitigate soaring inflation and ever-increasing energy bills. The new cost of living support package is worth £26 billion in 2023-24, in addition to benefits uprating, which is worth £11 billion to working age households and people with disabilities.

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.

New figures released by the Department for Work and Pensions (DWP) reveal that more than four million children are living in families which receive Universal Credit. The official data shows that in August, some 4,030,796 children were living in households receiving the benefit - an increase of 124,471 since May when the figure was 3,906,325.

There are more than 20 million people across the UK claiming benefits or State Pension from the Department for Work and Pensions (DWP). Some benefits such as Universal Credit can be a lifeline for those out of work or on a low income, providing crucial financial support to cope with daily living costs.

Jeremy Hunt will deliver the Autumn Statement on Thursday, where he is expected to raise taxes and cut public spending in order to balance the books. The Chancellor of the Exchequer has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made following the disastrous mini-budget in September.