£3,044 Boost for State Pensioners who Have Reached Retirement age Before 2016

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By Arezki AMIRI Published on 7 August 2024 15:47
£3,044 Boost For State Pensioners Who Have Reached Retirement Age Before 2016
£3,044 Boost for State Pensioners who Have Reached Retirement age Before 2016 - © en.econostrum.info

Those who reached the State Pension age before 2016 could get a £59 boost every week to their pensions. The Over 80 Pension is specifically made for those of 80 years and above. To qualify, you have to receive either a basic state pension not exceeding £101.55 weekly or none at all.

For the tax year 2024 to 2025, Over 80 Pensions could offer you £101.55 per week. It relies on how much your current basic state pension is getting that you will be paid in practice.

If it’s lower than £101.55, DWP says that “the government will top it up” to this sum, as stated by the Department of Work and Pensions (DWP).

  • Example Scenario: If you are 80 years old and currently receive £43 per week in basic State Pension, you would be eligible for an additional £58.55, bringing your total to £101.55 per week.

It must be noted that if State Pension age was reached on or after April 6th, 2016 then one cannot receive the Over 80 Pension.

Eligibility Requirements to claim the Over 80 Pension Boost 

The following are the conditions for claiming Over 80 Pension:

  • Be aged 80 or over.
  • Either not receive a basic State Pension or receive less than £101.55 per week in the 2024 to 2025 tax year.
  • Have been a resident in the UK for at least 10 years within a 20-year period, which does not need to be consecutive.
  • This 20-year period must include the day before your 80th birthday or any day thereafter, or you must have been ‘ordinarily resident’ in the UK, the Isle of Man, or Gibraltar on your 80th birthday or on the date of your claim.

The potential rise of £59 is equal to a remarkable annual total of £3,044 per annum. To claim this pension, you can obtain a claim form from your local Jobcentre Plus or from the Pension Service. It is possible for you to start making your claims three months earlier than your eightieth birthday date.

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