The Department for Work and Pensions (DWP) is warning people of State Pension age only have until next week to qualify for the UK Government’s £650 means-tested cost of living payment. To be eligible for the extra financial support, all new claims for Pension Credit should be submitted as soon as possible and no later than Thursday, August 18.
The DWP confirmed in the latest edition of its Touchbase newsletter that older people who apply for Pension Credit before the August deadline - whose claim is later successful - will be eligible for the full £650 payment.
DWP said: “To qualify for the first cost of living payment, worth £326, a person must be entitled to a payment of Pension Credit on any day from April 26 to May 25, 2022. However, new claims for Pension Credit can be backdated for a maximum of three months provided the entitlement conditions are met throughout the three months.”