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Pensioners Urged to Claim Pension Credit to Secure Cost of Living Payment

Time is running out for low-income pensioners to claim Pension Credit and qualify for the second part of the Government's £324 cost of living payment. Age UK is highlighting the deadline to ensure vulnerable individuals do not miss out on vital financial support.

  • Pensioners on low incomes have until 18th December to claim Pension Credit to qualify for the £324 cost of living payment.
  • Age UK estimates up to 850,000 eligible households are currently missing out on Pension Credit.
  • Pension Credit can unlock other benefits, including Council Tax discounts and free TV licences for over-75s.
  • The cost of living payment is part of a wider Government package to help households with rising expenses.

Pensioners at risk of missing out on a crucial cost-of-living payment are being urged to claim Pension Credit by 18th December. The second instalment of the Government's £650 support package is worth £324, but low-income pensioners must make a claim for Pension Credit to qualify.

The reminder from Age UK highlights the significant number of older people who could be eligible for Pension Credit but are not currently receiving it. An estimated 850,000 households may be entitled to this vital financial support, which tops up weekly income and can open the door to other benefits such as Council Tax discounts and free TV licences.

Age UK stresses that claiming Pension Credit before the deadline is crucial for pensioners to receive the £324 cost of living payment. The organisation warns that with 18th December rapidly approaching, claims must be backdated to the qualifying period. While those already on Pension Credit will automatically receive the payment, others need to make a claim.

The £324 payment is part of a broader package of support announced by the Government to help households navigate rising expenses. The Department for Work and Pensions encourages anyone who believes they might be eligible for Pension Credit to apply online, by phone or via postal form.

Opposition parties have criticised the Government's response to the cost of living crisis, arguing that more targeted measures are needed to alleviate financial pressures on families and pensioners. The Government has stated its commitment to supporting vulnerable households through challenging economic times.

Why this matters: This matters because a significant number of vulnerable pensioners are at risk of missing out on vital financial support during a period of high inflation. Claiming Pension Credit can unlock not only the cost of living payment but also a range of other essential benefits.

What this means for you: What this means for you: If you are a pensioner on a low income, or know someone who is, claiming Pension Credit could provide a crucial financial boost and access to additional support, directly impacting your household budget.

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