New measures have been enshrined in law that…
There are just four days to go for people to claim Pension Credit and still qualify for the latest £301 payment, which they will receive direct into their bank accounts. Provided a claim is made before 19 May, it can be backdated for up to three months so long as the applicant was also eligible to receive it during that time.
- Pensioners urged to check if they could be eligible for Pension Credit, worth over £3,500 a year on average.
- Those who successfully claim by 19 May could also receive a £301 Cost of Living payment – demonstrating the Government’s focus on delivering the five priorities, including halving inflation, growing the economy, and reducing debt.
Pensioners can check their eligibility and get an estimate of what they may receive by using the online Pension Credit calculator.