Millions of pensioners are set to lose out on Winter Fuel Payments, but a surprising £3,900 boost could be within reach for those who act now. With new eligibility rules and a push for automatic benefits, could you qualify?
Over 800,000 Pensioners Missing Out on £3,900 Amid Fuel Payment Cuts – Here’s How to Claim
By Arezki AMIRI
Published on 15 November 2024 12:45
Appearing before the Work and Pensions Committee, Liz Kendall emphasized her determination to ensure all pensioners entitled to Pension Credit—worth up to £3,900 annually—receive their benefits. “For me, there is no tension,” she stated, addressing concerns about a potential conflict between increasing claims and cost-saving efforts.
Highlighting the plight of over 800,000 eligible pensioners missing out on this critical support, Kendall criticized the current application process as overly complex and stigmatizing. “The Pension Credit form is very long,” she noted, adding that more pensioners are now applying online.
Kendall suggested making Pension Credit an automatic entitlement, declaring: “It should not be beyond the wit of man or even womankind to solve this problem.”
Independent Experts Challenge Winter Fuel Payment Cuts
The decision to restrict Winter Fuel Payments has sparked criticism from opposition MPs and the Social Security Advisory Committee (SSAC). The independent body questioned whether savings from the policy change might be offset by an increase in Pension Credit claims.
While Kendall dismissed the controversy, critics argue that cutting fuel assistance during a period of rising energy costs could disproportionately affect vulnerable seniors.
Who Qualifies for Pension Credit?
Pension Credit has two components: Guarantee Credit and Savings Credit.
- Guarantee Credit supplements income to a minimum weekly level of £218.15 for single individuals or £332.95 for couples. Additional amounts apply for those who are disabled, caregivers, or face specific housing costs.
- Savings Credit is available only to those who reached State Pension age before April 6, 2016, or whose partners meet this criterion, provided they meet qualifying income thresholds.
Eligibility requires income and savings details, which can be assessed using the Pension Credit Calculator on the GOV.UK website. Claims can be made up to four months before reaching State Pension age, and applications can be backdated for up to three months.
Pension Credit Claims: Steps to Apply
The government is promoting the use of the Pension Credit Calculator to ensure eligible pensioners claim their entitlements. Applicants must provide details of:
- Income, including benefits and pensions
- Savings and investments
- Partner details, if applicable
The tool generates a summary of potential benefits and links to the application process, simplifying the claim process for users.
For those approaching State Pension age, the application process can begin in advance, ensuring timely access to financial support.