An estimated 850,000 people of State Pension age could still receive cost of living payments worth up to £599 due before Spring 2024, even though they are not currently claiming one of the eligible means-tested benefits or know when the qualifying periods are. The next cost of living payment due this Autumn is for £300 and will be paid to those on income-related benefits, including Pension Credit.
Pension Credit gives people extra money to help with their living costs if they are over State Pension age and on a low income. It can also provide access to a range of other benefits such as help with housing costs, Council Tax, heating bills and for those aged 75 or over, a free TV licence. Pension Credit 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.
Mixed aged older couples and Pension Credit In May 2019, the law changed so a ‘mixed age couple’ - a couple where one partner is of State Pension age and the other is under it - are considered to be a ‘working age’ couple when checking entitlement to means-tested benefits. There’s also an option to print off the answers you give using the calculator tool to help you complete the application form quicker without having to look out the same details again. Try the Pension Credit Calculator for yourself or your family member to make sure you’re receiving all the financial support you are entitled to claim.Latest State Pension News How to make a claim You can start your application up to four months before you reach State Pension age.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Daily_Record - 🏆 9. / 89 Read more »