Tag: Pension Credit

Just ten days left to claim Pension Credit and qualify for £301 Cost of Living Payment

All pensioners on a low income should check if they qualify for Pension Credit in order to also receive a Cost of Living Payment

  • Pensioners urged to check if they could be eligible for Pension Credit, worth over £3,500 a year on average
  • Those who successfully claim by 19 May could also receive a £301 Cost of Living payment – demonstrating Government’s focus on delivering the five priorities, including halving inflation, growing the economy and reducing debt
  • Pensioners can check their eligibility and get an estimate of what they may receive by using the online Pension Credit calculator

There are just TEN DAYS to go for people to claim Pension Credit and still qualify for the latest £301 payment, which they will receive direct into their bank accounts.

Provided a claim is made before 19 May, it can be backdated for up to three months so long as the applicant was also eligible to receive it during that time.

This builds on the extensive support that was delivered to pensioners last year, alongside measures such as holding down households’ energy bills and freezing fuel and alcohol duty, which deliver on Government’s priorities to halve inflation and grow the economy.

Minister for Pensions Laura Trott said: “Pension Credit can make a real difference and I am determined to make sure this support – worth an average of £3,500 a year – is reaching everyone who needs it, particularly as we know how much pressure households across the country have been under.

“Please check if you or your loved ones can claim for this extra support, and if you do it by 19 May you could qualify for the £301 Cost of Living Payment – giving another financial boost to those who need it most.”

Pension Credit is designed to help people over State Pension age and on a low income with daily living costs, though you do not need to be in receipt of State Pension to receive it.

It tops up a person’s income to a minimum of £201.05 per week for single pensioners and to £306.85 for couples or more if a person has a disability or caring responsibilities.

Worth on average over £3,500 a year, even a small Pension Credit award can provide access to a wide range of other benefits – such as help with housing costs, council tax or heating bills – in addition to the extra cost of living payments, worth up to £900 this financial year.

Further Information:

  • Applications for Pension Credit can be made:
  • On the How to Claim page
  • Over the phone by calling 0800 99 1234 (Monday to Friday 8am to 6pm)
  • By printing out and filling in a paper application form
  • Currently, around 1.4 million pensioners in Britain receive Pension Credit. However, many are still not claiming this extra financial help.
  • Pension Credit can be claimed by phone and online, ensuring that older people can apply safely and easily, wherever they are. The online Pension Credit calculator is also on hand to help pensioners check if they’re likely to be eligible and get an estimate of what they may receive
  • This help comes on top of the biggest State Pension increase in history, which means the full rate of the New State Pension will exceed £10,000 a year for the first time.

Low income pensioners: Don’t miss out on £324 extra help

DEADLINE LOOMS FOR COST-OF-LIVING PAYMENT

SNP MSP Gordon Macdonald and Age Scotland are urging low income pensioners in Edinburgh to act quickly to claim for Pension Credit before this Sunday’s deadline to avoid losing outon an extra £324 cost of living payment. 

Age Scotland, the national charity for older people, can help identify if someone is eligible for Pension Credit and offer advice on applying by calling their helpline on 0800 12 44 222, where advisers can carry out a full benefits check, or check their eligibility online at www.age.scot/benefitscalculator  

Pension Credit provides pensioners on a low income with extra money and other helpful support.  It can top up their weekly income to £182.60 if they are single, and £278.70 if they are making a joint claim with a partner, as well as cutting council tax bills, help with energy costs and a free TV licence if they are over the age of 75. 

Anyone who makes a successful Pension Credit application to the Department for Work and Pensions before 18 December, 2022 will also be entitled to a £324 lump sum financial support payment.  This is because a claim for Pension Credit can be backdated for up to three months, provided the entitlement conditions are met throughout that time. 

Gordon Macdonald, SNP MSP for Edinburgh Pentlands said: “With growing numbers of older people struggling to cope with the rising cost of living, there has never been a more important time to make sure you are receiving everything to which you are entitled. 

“Every year in Scotland, hundreds of millions of pounds in social security payments go unclaimed by older people due to lack of awareness, difficulty in accessing them, stigma surrounding benefits or just not knowing where to turn for help. 

“I would encourage people to call Age Scotland’s helpline to find out if they are entitled to Pension Credit or make an application directly via the gov.uk website as soon as possible.” 

Age Scotland interim chief executive Michelle Supple said: “Pension Credit is not only an essential benefit, but it opens the door to much more additional support including help with energy bills in the winter, a free TV licence for over-75s, help with rent and council tax reduction, free dental care and reduced water bills. 

“We are urging all pensioners on a low income to act quickly and start the application process or call our helpline 0800 12 44 222 for advice. We don’t want to see anyone miss out on extra cost of living support, especially with Christmas around the corner.” 

If you receive Pension Credit, there is a range of additional support and payments to help: 

· A one-off payment of £150 (previously £140) through the Warm Home Discount Scheme to help with the cost of energy this winter 

· A £50 payment in February to help with heating costs 

· Help with Council Tax and rent 

· Reduced water bills 

· Free NHS dental treatment and help towards the cost of glasses and travel to hospital 

· A free TV licence (if over-75) 

· An extra amount of Pension Credit for some carers worth up to £38.85 a week  

Applications for Pension Credit can be made by calling the Department for Work and Pensions on 0800 99 1234, or online at www.gov.uk/pension-credit/how-to-claim 

Up to £600 for pensioners arrive in bank accounts from today

  • From today, over 11.6 million pensioners will start to receive up to £600 to help with their energy bills this winter
  • This support, worth over £4.5 billion, is part of an extensive package helping people of all ages with the cost of heating their homes, including through the £400 Energy Bills Support Scheme [available to eligible households in England, Scotland and Wales], and the Energy Price Guarantee saving typical households £900.

From today (23 November 2022), over 11.6 million pensioners in England, Wales, Scotland and Northern Ireland will start to receive payments of up to £600 to help with their energy bills this winter.

Winter Fuel Payments – boosted this year by an additional £300 per household Pensioner Cost of Living payment – will land in bank accounts over the next two months, the vast majority automatically.

Work and Pensions Secretary Mel Stride said: “We want to do everything we can to support pensioners who are often the most exposed to higher costs. That’s why we’re providing all pensioner households with an additional £300 on top of their Winter Fuel Payments to heat their homes and stay warm this winter.

“This extra payment is just one part of the wider support package we’re delivering to help with rising bills, including the biggest State Pension increase in history.

“Our support doesn’t stop here. As we deal with the impact of Putin’s illegal war in Ukraine and the aftermath of the pandemic, we will continue to stand by the most vulnerable, with further cost of living payments coming next year.”

The money will appear in bank statements with the payment reference starting with the customer’s national Insurance number followed by ‘DWP WFP’ for people in Great Britain, or ‘DFC WFP’ for people in Northern Ireland.

The overwhelming majority of Winter Fuel Payments are paid automatically but some people need to make a claim, such as those who qualify but do not receive benefits or the State Pension and have never previously received a Winter Fuel Payment.

This month, over seven million payments of £324 have already been made to low-income households as part of this government’s cost of living support. This includes pensioners receiving Pension Credit.

The average Pension Credit award is worth over £3,500 a year, and for those pensioners who may be eligible but are yet to make an application, there is still time to do so and qualify for this additional £324 payment.

This is because Pension Credit claims can be backdated by up to three months, provided the entitlement conditions are met throughout that time.

To ensure that a successful backdated claim falls within the qualifying period for extra £324 cost of living help, pensioners are being urged to claim Pension Credit as soon as possible, and by no later than 18 December 2022.

The online Pension Credit calculator is on hand to help pensioners check if they’re likely to be eligible and get an estimate of what they may receive.

Further cost of living support to be paid next year was announced by the Chancellor in his Autumn Statement last week. Payments will include a further £300 for pensioners, £900 for households on means-tested benefits and £150 for those on disability benefits.

Age Scotland’s ‘Check in, Cash out’ campaign urges older people to get what they are entitled to

New figures from Age Scotland reveal that older people on low incomes missed out on £88 million in Council Tax reduction support last year.

These “astonishing” levels show that much more needs to be done to boost people’s understanding of the financial support available and make the process of receiving it much more streamlined.

As council tax bills for this financial year land on doormats across Scotland, the charity estimates that hundreds of thousands of older people are missing out on vital support they are entitled to. With 150,000 pensioners living in poverty and tens of thousands more on the cusp, Age Scotland says this huge sum of unclaimed support would make a real difference to those most in need.

These figures have been revealed as the charity launches its new ‘Check in, Cash out’ social security awareness campaign.

The Age Scotland campaign aims to raise older people’s awareness and increase uptake of the financial support available to help them live well, and work to change the narrative about social security so it is treated in a more positive light, removing any stigma about accessing it.

It will run all year round, urging people to call their 0800 12 44 222 helpline for an entitlement check and access their wide range of free information guides about social security. The charity will also offer awareness and training sessions about the most relevant financial support for older people.

Age Scotland believes that Council Tax Reduction is one of the most widely underclaimed benefits and heavily linked to missing Pension Credit support.

The figures, confirmed by the Scottish Government, show that the average annual award for Council Tax Reduction in 2019-20 to people over 65 in Scotland was £716.56.

It is estimated that at least 123,000 older households in Scotland are not claiming the Pension Credit they are entitled to which would make them eligible for full Council Tax Reduction.

Brian Sloan, Age Scotland’s Chief Executive said: “This astonishing level of underclaimed Council Tax Reduction, among other sources of financial support such as Pension Credit, could be making a real difference to the lives of those older people on low incomes, driving down levels of poverty and boosting their wellbeing.

“We’ve got to make it easier for people to claim and ensure that accessing passported benefits is much more streamlined.

“Age Scotland’s helpline identified around £500,000 in unclaimed social security for older people last year but that is clearly just the tip of the iceberg.

“Every year hundreds of millions of pounds in vital financial support is missed by those who are unaware it exists, don’t know where to turn for help to claim, are locked out as they aren’t online, or feel stigma about needing this help.

“We’re here to support older people to find out more about of the financial support available to them with our free information guides and free eligibility checks through our helpline. We can also help people to claim if they are missing out.

“Social security is not just for older people on low income. If you have a disability or illness which means you need extra help, or care for someone, you could also be missing out.

“We would urge older people to call our helpline on 0800 12 44 222 to find out if they are receiving all the social security support they are entitled to. Please don’t hesitate to check in, as you may well be entitled to cash out on additional financial support.”

Call the Age Scotland helpline on 0800 12 44 222 for free eligibility checks, as well as advice and free guides on Council Tax Reduction and other social security such as Pension Credit, Attendance Allowance and Carers Allowance.

Age Scotland’s information guide on Council Tax Reduction and their “Check in, Cash out” campaign is available at www.age.scot/CheckInCashOut.