Some of Britain’s poorest pensioners are being warned that they could be missing out on the government's £301 cost of living payment unless they take urgent action. The first instalment of the money is today (April 25), hitting bank accounts of some of the country’s poorest people.
But the Department of Work and Pensions (DWP) has warned that many OAPs only have a short period of time to check their eligibility before they will lose out. Many pensioners who are eligible are failing to claim Pension Credit.
Pension Credit is aimed at helping some of the less well off in the country and tops up your weekly income to £201.05 if you’re single your joint weekly income to £306.85 if you have a partner. Those who get Pension Credit also qualify for the cost of living payment - and it’s estimated that 850,000 pensioners are currently not claiming the benefit when they should be.
