329 results for "State pension "

New rules cut Winter Fuel Payments for many pensioners, with Pension Credit promoted as a replacement, but some will still miss out.

Many State Pensioners are still suffering from the new Labour Government's unexpected change that will see Winter Fuel Payments  be delivered to only about 1.5 million pensioners this year to help plug a...

Starting Monday, 16 September, the Department for Work and Pensions (DWP) is introducing new rules that will limit Winter Fuel Payments. DWP Faces Criticism Over Winter Fuel Payments and Pension...

Martin Lewis is encouraging individuals to check to see whether they can increase their state pension by up to £74,000. This however only applies if they are of the appropriate age. Deadline...

Under the triple lock, the full new state pension should increase by over £500 to £12,020 per year starting  April 2025. However, this amount is still far below  what is required...

A report claims that the new full state pension will increase by over £400 per year. According to the BBC, Treasury calculations show that the pension might be increased as...

The newly elected Labour Government plans to raise the state pension age 71 as concerns over the retirement benefit's affordability arise. State Pension Age Could Rise to 71 as Labour Consider Changes...

Over 12million retirees are expected to see their income rise by 4.5% starting April 2025. They were previously hoping to get 5.7%, however, those hopes have rapidly been crushed as...

Starting from October 21, 2024, a new disability benefit will be introduced in Scotland to replace the Attendance Allowance for people over State Pension age. The benefit will first become...

Individuals born in these specific years are set to experience a 12-month delay in receiving their state pension due to policy changes. State Pension Changes May Affect Individuals Born in...

Almost 12.7 million people across the UK have now reached State Pension age; this number includes over 1.1 million residing in Scotland. Most retirees consider contribution-based benefits as their main...

Over 221,000 individuals from across the UK have signed an online petition initiated by Age UK, calling on Chancellor Rachel Reeves to overturn the decision that requires means testing for...

Women who qualify for state pensions could be due a major windfall thanks to a little-known gap in the system which can result in backdated payments of up to £45,604. The...

Although the rules for Winter Fuel Payments have becomes stricter, reducing eligibility for many, there are still various benefits payment and cash handouts that those of state pension age can...

A recent survey conducted by Just Group, which is a specialist in the later life, on 1,050 retired and semi-retired individuals has revealed that there is a significant lack of...

According to the latest statistics from the Department for Work and Pensions (DWP), State Pension currently provides regular financial help for 12.7 million seniors across the country, including more than...

Millions of people over state pension age in Great Britain could be failing to claim extra payments of more than £9,544 each year, simply because most of them do not...

Following the Labour Party's victory in the general election on 4 July, millions of older people in the UK can expect the triple lock policy, which guarantees safe payments of...

The State Pension currently provides a regular income for almost 12.7 million seniors across Great Britain, including more than 1.1M residing in Scotland. The payment is managed by the Department for...

People on the New State Pension will get up to £221.20 each week during the current fiscal year, however, standard payments are usually made every four weeks — around £884.80...

Approximately 12.7 million individuals in the United Kingdom are currently receiving State Pension, indicating a significant reliance on this fundamental form of assistance.  As reported by the Department for Work and Pensions (DWP), the New State Pension, applicable to claimants post April 6, 2016, amounts to a maximum of £221.20 per week. For recipients of the Basic State Pension, the earlier iteration, the weekly amount is £169.50, contingent upon classification under Category A or B. The amount you receive is contingent upon the accumulation of National Insurance years prior to reaching the age of 66. A minimum of 10 years is required to be eligible for any financial benefits. Therefore, if you are approaching the age of 66, it is imperative to promptly assess your entitlements. Your State Pension age also serves as your Pension Credit qualifying age, yet there is a particular stipulation for men born before December 6, 1953. Should you seek information on when you are eligible to start receiving benefits, the  'Check your State Pension age' page on the GOV.UK website provides comprehensive guidance. Upon attaining State Pension age or Pension Credit age, certain benefits become inapplicable. According to Turn2us, specific benefits from the Department for Work and Pensions are no longer attainable. Here is an overview of the benefits that will continue and those that will cease upon reaching State Pension age. List of Benefits Pensioners...

Older people have the opportunity to boost their state pension, which could earn them around £300 a year, by claiming a National Insurance perk from HM Revenue and Customs (HMRC)....

According to Office for National Statistics (ONS) the UK inflation rate for May fell to its lowest point in almost three years. The Consumer Price Index (CPI) dropped to 2.0%...

According to the latest figures from the Department for Work and Pensions (DWP), the total number of people receiving additional financial support through Attendance Allowance almost hit 1.6 million by...

Reaching State pension age does not automatically initiate payments; pensioners must actively apply for their pension. Indeed, some people prefer to defer payment of their pension while continuing to work....

More than one million Scottish residents over the State Pension age will be able to receive two new devolved benefits beginning before the end of the year. Scottish Government Introduces...

A notable mistake made by HMRC has led to the notification of individuals, women regarding owed funds resulting from inaccuracies, in state pension calculations. Who Is Impacted by the State...

Under the Triple Lock program, around 9.7 million pensioners receiving the Basic State Pension could see their weekly benefits increase by up to £40 per month. If the Conservatives and...

The Woman Against State Pension Inequality (Waspi) campaign has recently issued a scam alert to thousands of people across the country in response to allegations of fraudulent compensation claims. Campaigners are...

According to the most recent data available from the Department for Work and Pensions (DWP), about 12.7 million seniors nationwide, including over a million retirees residing in Scotland, presently receive...

The Department for Work and Pensions (DWP) has published a full progress report on the Legal Entitlements and Administrative Practice (LEAP) initiative into State Pension underpayments. This aims to rectify...

The Department for Work and Pensions (DWP) has issued an update on the status of the State Pension Underpayments Legal Entitlements and Administrative Practice (LEAP) initiative. State Pension Underpayment: Progress...

People born in certain years are set to see a significant increase in their state pension from the Department of Work and Pensions (DWP), amounting to more than £600 a year. ...

One of the largest unions in the country, Unite, is advocating for the reduction of the state pension age to 65 years old to guarantee "a respectable retirement for everyone."...

According to the most recent Department for Work and Pensions (DWP) estimates, the State Pension provides vital financial support to approximately 12.7 million people in the United Kingdom, including more...

More than one million individuals over State Pension are set to get a series of one-off payments worth nearly £370 before the end of this year by the Scottish Government...

The DWP announces crucial support for people of State Pension age facing disabilities: eligible individuals may now receive an extra £326 monthly. State Pension Age Individuals Eligible for Additional Benefits...

The Department for Work and Pensions (DWP) has recently published an update on the matter of compensation for millions of WASPI women affected by the change in State Pension age....

People over State Pension age who live in five Scottish local councils will be the first in the country to be eligible for a new disability payment beginning in October. Introduction...

According to new estimates from the Office for National Statistics (ONS), UK inflation fell to its lowest level in nearly three years in April as energy prices fell further. Consumer...

There is one simple but profoundly impactful step in personal finance that many people ignore. Called by Martin Lewis "the most lucrative thing" for over-40s and under-73s, this financial strategy...

Sir Stephen Timms, chairman of the Work and Pensions Committee, has written to Work and Pensions Secretary Mel Stride in response to an oral evidence session that took place last...

An online petition with over 59,500 signatures has been started to demand a weekly State Pension payout of around £550 to bring it into compliance with the National Living Wage....

The Scottish Government is planning to replace Winter Fuel Payments with a newly distributed lump sum to be expected later this year. Scottish Government Proposes State Pension Age Winter Heating...

According to the latest Department for Work and Pensions (DWP) statistics, the State Pension is currently offering a regular financial income to approximately 12.7 million older individuals across the country,...

The Chancellor of the Exchequer, Jeremy Hunt, has stated that he can “rule out” raising the State Pension age in order to support the UK Government's proposal to abolish National...

The Department for Work and Pensions (DWP) has confirmed that women affected by state pension underpayments are now falling into back payments averaging around £5,000. These arrears arise from the...

A Member of Parliament has drawn attention to a problem involving a substantial number of divorced individuals who may have been overlooked in the DWP's State Pension benefit calculation, potentially...

The Department for Work and Pensions (DWP) offers a wide range of financial support schemes for older people, of which the state pension is one of the most important. However,...

Approximately two million people in the United Kingdom suffer from impaired vision or a degenerative eye condition. More than 59,267 working-age persons under 65 receive additional financial assistance through Personal...