More than a dozen ways people of State Pension age can boost their income before New Year.
The latest statistics from the Department for Work and Pensions show that there are now 12.6 million people across Great Britain receiving State Pension payments of up to £203.85 each week. Basic and New State Pensions are contributory benefits which provide crucial financial support to those who have paid at least 10 years’ worth of National Insurance contributions.
It's also worth noting that dedicated older people's charities such as Independent Age and Age UK offer free, confidential and impartial advice on accessing additional financial help. £300 and £299 cost of living payments People over 66 making a new claim for Pension Credit may also qualify for the £300 and £299 means-tested cost of living payments, due to be paid this Autumn and by next Spring .
Roughly three weeks after you get the letter - for most people this will be in November or December - the Winter Fuel Payment will be paid into your chosen bank account. The payment reference on your bank statement will be ‘DWP Winter Fuel’. Find out about the rule changes that were implemented last year, eligibility and participating energy suppliers on GOV.UK here.People on pre-pay or pay-as-you-go meters can also get the discount, but you will need to talk to your supplier about how to get it. Payments to your energy supplier should be made by March 31, 2024 for winter 2023/24. Find out more about the Warm Home Discount scheme here.
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