Rising bills and the general uncertainty that this brings to people's lives and finances is bound to take its toll. However, there is some good news on the horizon for certain sectors of the community. A recent report indicated that State Pension claimants who receive Personal Independence Payment (PIP) are set to receive up to £1,506 a month from April.
Statistics from the Department for Work and Pensions (DWP) show that by the end of October, there were more than three million people across the UK claiming PIP. These figures also show that nearly half a million people of State Pension age are also in receipt of PIP. Across the UK 486,940 older people are getting support through the disability payment PIP and this currently provides between £24.45 and £156.90 each week - as the benefit is paid every four weeks, this amounts to between £97.80 and £627.60 every pay period. The New State Pension is currently worth up to £185.15 each week and the Old Basic State Pension up to £141.85. However, the annual uprating in April will see older people claiming the Full New State Pension and PIP receive up to £1,506.40 every four weeks - an increase of £138.20.
The findings were reported by Daily Record, which explained that when someone reaches State Pension age, they can no longer make a new claim for PIP or Disability Living Allowance (DLA). However, if someone is already receiving PIP, DLA, or ADP when they reach State Pension age, they will continue to receive the benefit until the award period ends where it will be reviewed in the normal process.
