Nearly 78% of New Pension Credit Claims Processed Within 50 Days

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Nearly 78% of New Pension Credit Claims Processed Within 50 Days
PENSION CREDITCOST OF LIVINGELDERLY
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The Department for Work and Pensions (DWP) reports that a high percentage of new Pension Credit claims are processed within the target timeframe. This means many older people on low incomes could receive their first payment and any arrears before Easter. The news highlights the importance of older people, particularly single pensioners, claiming all available financial support to cope with the cost of living crisis. The article also explains eligibility criteria, how to apply for Pension Credit, and the potential benefits it can provide.

The Department for Work and Pensions recently confirmed that nearly 78 per cent of all new claims for Pension Credit are processed - from initial application to award decision letter - within the target timeframe of 50 working days. This means older people on a low income making a new claim this month, especially those living on their own, could receive their first payment and any arrears before Easter Sunday on April 20.

The eligibility rule change to the annual Winter Fuel Payment means that only pensioners in claim for certain benefits, such as Pension Credit, received the 2024/25 payment by January 29. However, older people making a successful new claim before September this year will qualify for the 2025/26 payment and the higher rate of the devolved Pension Age Winter Hating Payment .

State Pension News Who can claim Pension Credit? There are two types of Pension Credit - Guarantee Credit and Savings Credit. You might be able to get more than this if you're disabled or a carer, or you have certain housing costs.The exact amount you’ll get depends on your income and savings. Your income includes assumed income from savings and capital over £10,000.

Winter heating bill help 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.How to make a claim You can start your application up to four months before you reach State Pension age.

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