DWP shares new plans to fix 237,000 State Pension underpayments during next year

There are an estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) who will see their payments go up by 10.1% next year. The uprating will come into effect on April 10, 2023.

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The Department for Work and Pensions (DWP) has confirmed it has no plans to allow people diagnosed with a terminal illness to access their State Pension prior to retirement age, even if they have accrued sufficient National Insurance Contributions.The official age of retirement is 66 for both men and women and at least 10 years’ worth of National Insurance Contributions are needed for any State Pensions payment.

Christmas Day falls on a Sunday this year which means Boxing Day is on a Monday, however, the bank holiday status for that date has been moved to Tuesday, December 27. This means that benefits and payments from the Department for Work and Pensions (DWP) or HM Revenue and Customs (HMRC) which are due on those dates will be made earlier.

During the Autumn Statement last month, Chancellor Jeremy Hunt announced a series of new cost of living payments to help millions of households across the country mitigate the impact of ever-increasing inflation and rising energy bills during 2023/24.

The new Work and Pensions Secretary Mel Stride has confirmed that the outcome of the State Pension age review will be published before May 2023. The review will consider a wide range of evidence, including findings from two independent reports, to assess whether the rules about State Pension age remain ‘appropriate’.

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Personal Independence Payment (PIP) is a benefit for people aged over 16 and under State Pension age with a disability, long-term illness or mental health condition who need help completing daily tasks inside their home or getting around.

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An online petition calling for a minimum weekly State Pension payment of £380 for all men and women over the age of 60 is set to be debated in Parliament next month. The petition, created by Michael Thompson, has received more than 107,980 signatures of support from people across the UK and will now be debated by MPs on Monday December 12, 2022.

An estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1% next year.

Chancellor Jeremy Hunt has announced that State Pension, Pension Credit and benefits will be uprated in line with inflation next year. Delivering his Autumn Statement to the House of Commons on Thursday, Mr Hunt confirmed an increase of 10.1% from next April at a cost of £11 billion for the UK Government.

The Department for Work and Pensions (DWP) has shared how it is tackling the backlog of new claims for Personal Independence Payment (PIP) and taking steps to reduce the waiting time for claimants. The average processing time for a new claim is now 18 weeks, a significant reduction from 26 weeks in August 2021.

The Department for Business, Energy and Industrial Strategy (BEIS) has shared important new information about the £400 Energy Bills Support Scheme (EBSS) to those using traditional pre-payment meters. Earlier this month, PayPoint highlighted how hundreds of thousands of energy customers have not yet redeemed their top-up voucher, worth £66.

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State Pension provides essential financial support every four weeks for more than 12.5 million people across the UK, including 981,399 living in Scotland. This regular payment of up to £185.15 per week for the Full, new State Pension or £141.85 per week for the basic old State Pension (Category A or B) is available for those who have reached the UK Government’s eligible retirement age, which increased to 66 for both men and women in October 2020.

The Department for Work and Pensions (DWP) has confirmed that no assessment has been made into the potential costs involved of means-testing Personal Independence Payment (PIP), following Secretary of State Mel Stride’s comments in Parliament last week.

A new report from the Public Accounts Committee (PAC) suggests that fraud and error levels in benefits spending at the Department for Work and Pensions (DWP) is ‘unacceptably high’ and said that more must be done to get a grip on the billions of pounds being lost every year. The watchdog discovered that DWP overpaid an “eye-watering” £8.6 billion across benefits in 2021-22, with £6.5 billion of that figure due to fraud.