State pensioners born in these years get £100 | European Markets

State pensioners born in these years get £100 State pensioners born in these years get £100

State pensioners born in these years get £100 | U.Ok.Finance Information


It’s been nicely documented that thousands and thousands of state pensioners are dropping their £300 winter fuel fee this winter in the event that they no longer declare a qualifying benefit after the federal government determined to modify the fee to being means examined as a substitute of common.

However what many don’t realise is that even in the event you do qualify for the winter fuel fee this 12 months, the precise quantity you get will change relying on the 12 months you had been born, and probably on different circumstances too.

Advertisement

The winter fuel fee was paid robotically to all state pensioners however from this winter, you need to be claiming a qualifying benefit reminiscent of Pension Credit score, after the federal government modified the principles.

Those that are of state pension age however aged beneath 80, so born on or earlier than September 22 1958 and qualify will get a £200 fee, whereas these aged over 80 – so born September 23, 1944 or earlier – will get £300.

The quantity you get relies on once you had been born and your circumstances between 16 and 22 September 2024. That is known as the ‘qualifying week’, though in the event you missed it, you possibly can backdate Pension Credit score claims till December, so it is nonetheless out there now.

Which means that if you’re now aged over 80 and qualify, your winter fuel fee might be elevated from £200 to £300.

Most people who qualify will get a letter telling you how a lot you’ll get and which bank account this might be paid into – which is often the identical as your Pension Credit score or different advantages.

Age UK mentioned: “If you or your partner claims Pension Credit, Income Support, income-based Jobseeker’s Allowance or income-related Employment and Support Allowance, the payment should go to the main claimant of the benefit automatically.

“If you’ve never received a winter fuel payment before, or if you claim Universal Credit, you might need to make a claim. And if you receive Child Tax Credit or Working Tax Credit, you must make a claim.

“You should receive your payment between mid-November and Christmas. Call the winter fuel payment helpline on 0800 731 0160 if you have any enquiries or you don’t receive your payment.”

Keep up to date with the latest news within the European markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on regional trade. We offer day by day updates to make sure you have entry to the freshest info on stock market actions, commodity costs, currency fluctuations, and main financial bulletins throughout Europe.

Discover how these trends are shaping the long run of the European economic system! Go to us frequently for essentially the most partaking and informative market content material by clicking right here. Our rigorously curated articles will keep you knowledgeable on market shifts, investment methods, regulatory developments, and pivotal moments within the European financial panorama.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement