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Over 900,000 state pensioners missing out on £2,600 cash | Personal Finance | Finance

The Department for Work and Pensions (DWP) is sending £2,600 to state pensioners over an income rule. New data suggests that more than 900,000 could be missing out on a £2,600 payout.

The latest data from the DWP and the Labour Party government show £2.5 billion of the benefit goes unclaimed each year. On average, it worked out at £2,600 a year for each family entitled to receive the benefit who did not claim it, according to Sky News. You could be eligible to claim the support if you earn less than £238 a week if you are single or £363.25 if you have a partner.

Crucially, the benefit opens up access to a string of other perks. It includes discounted BBC TV Licences, council tax, and Royal Mail recirculation costs.

If your income is higher, you might still be eligible for Pension Credit if you have a disability, you care for someone, or you have housing costs.

If you have £10,000 or less in savings and investments, you could also be eligible to claim. Claiming Pension Credit can also give you access to the Winter Fuel Payment, worth £300 a year.

To be eligible, you must be of state pension age – so born before 1960 and have a low income.

Carers UK said: “Income that’s taken into account for Guarantee Pension Credit includes your earnings, some benefits (including Carer’s Allowance), tax credits, State Pension and private pensions. Some income is disregarded, including any disability benefits you receive, Child Benefit and child maintenance.”

When you put in a claim for Pension Credit, note that you can backdate this claim for three months (as long as you were eligible at that time).

In England, Wales and Scotland, you can call the Pension Credit claim line on 0800 99 1234 (Mon-Fri, 8am-6pm). Textphone: 0800 169 0133.

If you have difficulty speaking/ hearing, you can use the Relay UK service: 18001, then 0800 99 1234. The person you speak to will fill out the form over the phone and send it to you for your review.



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