State pension and Attendance Allowance will rise next year

Frozen pensions are 'somewhat misleading' says Edwards

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Two of the most well-known benefits are Pension Credit and Attendance Allowance, which are awarded to people depending on their circumstances. With the triple lock returning, the state pension is being raised by 10.1 percent and this rate hike is also applying to various other payments. In light of this, both Pension Credit and Attendance Allowance are set to undergo a significant rate hike in April 2023.

Attendance Allowance

This payment is delivered to those who are eligible at two different rates, one higher and the other lower, following an assessment from the DWP.

How much money an individual receives from Attendance Allowance is entirely dependent on the “severity” of their condition.

A state pensioner is entitled to this support if they “have a physical disability, a mental disability (including learning difficulties), or both”, according to the DWP.

It should be noted that a claimant must have needed assistance due to their condition for at least six months before applying for Attendance Allowance.

Those of state pension age with a qualifying condition can claim £92.40 a week via the higher rate or £61.85 if they are eligible for the lower one.

Consequently, an Attendance Allowance claimant who is suffering from a severe health condition or illness would get £369.60 a month.

Once rates rise next year, payments will increase to £247.40 for the lower weekly rate and £406.92 for the higher rate.

Anyone who gets an Attendance Allowance payment will find these payments are paid directly into the bank or building society account in which they receive their state pension.

Pension Credit

This support from the DWP may be claimed by people who have reached state pension age who are on low income.

Payments go towards helping with the cost of living and housing with extra amounts of money being available for groups, such as unpaid carers or people with disabilities.

Those in receipt of this support could also be entitled to multiple other freebie benefits, including the free TV licence for over-75s, Council Tax assistance and the Cold Weather Payment, depending on temperatures in their local area.

Notably, those claiming Pension Credit have been eligible for the Government’s cost of living payment for means-tested benefit claimants and will continue to do so next year.

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Currently, pensioners on this DWP benefit have their weekly income topped up to £182.60 if they are single.

If claimants have a partner, including a spouse or civil partner, the pair’s joint weekly income is raised to £278.70.

Once the 10.1 rate hike is introduced in April 2023, Pension Credit payments will go up, with the top-up amount reaching up to £201.05 a week for single claimants, and £306.85 weekly for couples.

Similar to Attendance Allowance, this DWP benefit is awarded to the bank and building society of the claimant’s choice, usually the one they get their state pension delivered to.

Caroline Abrahams, the chief executive of Age UK, is making a conscious effort to promote Pension Credit to get more older people on low income the support they need.

She explained: “We know that around 770,000 pensioner households are still missing out on Pension Credit and it’s likely that every one of them is struggling to manage their escalating bills at the moment.

“We’re urging anyone who’s finding it hard to pay for the basics such as food and energy to get in touch for a benefits check.

“A successful claim could be life-changing, giving people the confidence to eat well and keep their heating on over the coming months.”

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