Around 880,000 pensioner households are missing out on £2.1 billion in financial support from the DWP.
New figures published by the Department for Work and Pensions show in the financial year end 2022, an estimated 63 per cent of pensioner households who were entitled to an annual income top-up of more than £3,500, claimed it. This means up to 880,000 people over State Pension age missed out on Pension Credit.
“If you’re over 75, you’re also entitled to a free TV licence. Most notably, claiming Pension Credit also means you are entitled to a series of cost of living payments, which can make a huge difference in these difficult times. Quite simply, not claiming Pension Credit can leave you poorer to the tune of thousands of pounds.”
“We want to see the introduction of a Pension Credit uptake strategy that spells out how older people living in, or on the edge of poverty can access the financial support they are entitled to receive. Winter is fast approaching, the time for action is now.” However, it also means new claims for Pension Credit made before mid-December, which later turn out to be successful, will also qualify for the £300 payment - even if their benefit award is just a few pence.
Who should check for Pension Credit? If you are over 65 and reached State Pension age before April 6, 2016, you could still qualify for Pension Credit if your weekly income is less than:If you qualify for Pension Credit you can also get other help, such as: All you have to do then is follow the link to the application page to find out exactly what you will get from the DWP, including access to other financial support.
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