Money expert Martin Lewis has given an urgent warning with a two day deadline which could mean up to a million people who currently don’t claim it will miss out on vital government support. Mr Lewis, appearing on Good Morning Britain today (May 17), said that people have until Friday, May 19, to claim Pensions Credit - and still manage to get the first £301 cost of living payment.
Pension Credit is something which is aimed at the some of the poorest people in society and aims to top up their pensions to a level to help them live more comfortably. People on pensions credit potentially can get up to £3,500 a year extra so it would make a real difference.
The urgency comes because people on pensions credit are also eligible for the first cost of living payment - and the deadline to claim a backdated payout that will qualify for the first instalment of £301 is May 19. Speaking to fellow GMB host Susanna Reid today, Mr Lewis, who founded the Money Saving Expert site, said: ”This is the really important one. We’ll be doing more on this.
