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£299 cost of living payment can still be claimed by nearly one million older people before next month

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The Department for Work and Pensions (DWP) is encouraging low-income pensioner households to check their eligibility for Pension Credit as successful claims made before March 5, 2024 will receive a backdated £299 cost of living payment.

Pension Credit is a retrospective benefit that can be backdated by up to three months, which would take any new claims made between now and March 5 to within the qualifying period of November 13 - December 12, 2023.

The latest figures from the DWP suggest there are around 880,000 eligible pensioners not claiming the benefit they are entitled to - and missing out on £3,900 additional annual income.

Nearly 1.4m pensioners, including 127,000 living in Scotland are in receipt of the income-related benefit which also opens the door to additional financial support for housing costs, Council Tax, heating bills and free TV licences for the over-75s.

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