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People of State Pension age could be due up to £1,051 in cost of living payments this year

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dailyrecord.co.uk

The Department for Work and Pensions (DWP) recently announced the payment schedule for the next wave of cost of living support worth up to £1,350 for those on a low-income, people claiming disability benefits and pensioner households.

Payments worth £150, £300 and £900 will be made during the course of the new financial year, which starts on April 6, 2023.The new package of support is worth £26 billion during 2023/24, in addition to the benefits uprating, which is worth £11 billion to working age households and people claiming their State Pension entitlement.

This means that around eight million pensioner households across Scotland and the rest of the UK will be supported by additional cost of living payments.In fact, eligible people of State Pension age could receive up to £1,051 during 2023 and a further £299 in early 2024.Below is a breakdown of cost of living payments, specifically, how older people can get them, eligibility and when they are expected to arrive.This payment is for those on means-tested benefits, which includes Pension Credit.DWP is urging older people to check if they are eligible for Pension Credit in this year’s annual State Pension uprating letter.

It contains updated information about the benefit and how to claim - it is estimated that 850,000 pensioners are eligible, but not claiming.The benefit is worth, on average, over £3,500 each year and acts as a passport to other support including help with housing, heating and Council Tax costs.An award for just one penny will be enough to qualify for the £900 cost of living payment.These will be paid as follows:No qualifying period has been announced yet, but Pension Credit is a retrospective benefit which can be backdated by up to three months, which

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