The Department for Work and Pensions (DWP) has shared new information on when millions of people across the country can expect to find out more details about eligibility criteria for cost of living payments due to be made in 2023/24. The next round of financial help is worth up to £1,350 in total for those on a low-income, people claiming disability benefits and pensioner households.
So far, DWP has only confirmed the payment schedule for the £900 means-tested payment - made in three lump sums of £301, £300 and £299 - £150 disability payment and £300 pensioner payment. The first payment of £301 for around eight million people on a low income claiming Universal Credit, Pension Credit and other means-tested benefits will land in bank accounts this Spring.
Specific details including a payment window and qualifying period have not been released yet, however, DWP has now said that “further details on eligibility criteria for cost of living payments will be detailed” in legislation due to be introduced to Parliament in early 2023.
