Energy discounts, cost of living and seasonal payments along with key dates to add to your diary.
New statistics from the Department for Work and Pensions show there are now 12.6million 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.
Below is an overview of what to expect and when, along with details on how to claim - if it’s not an automatic payment. The list also includes key dates to add to your diary that may affect future benefits or payments.September 12: Earnings Growth figures The earnings growth figures are due to be published on September 12 and could provide an indication on how much the State Pension will rise in April 2024.
The full amount of Winter Fuel Payment, including the pensioner cost of living payment you will get this year, depends on when you were born and your circumstances during the qualifying period. You can get a Winter Fuel Payment for winter 2023 to 2024 if you were born before September 25, 1957. The second instalment of the £900 payment is worth £300. No payment window or qualifying period has been announced yet, but there is still time for pensioners to qualify as new claims for Pension Credit will most-likely fall within the qualifying period.
The annual State Pension and benefits uprating will be confirmed by Chancellor Jeremy Hunt during his Autumn Statement on November 22, 2023. £150 Warm Home Discount Scheme The scheme typically opens in November. The money is not paid to you - it’s a one-off discount on your electricity bill made directly to your supplier, between October and March. Rules around eligibility were introduced last year - find out more here.
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