Government launches pension credit awareness campaign

by / ⠀News / August 21, 2024
Pension Campaign

The government has launched a pension credit awareness campaign following changes to the Winter Fuel Payment scheme. Previously, the Winter Fuel Payment was a universal benefit available to all pensioners. However, last month, Chancellor Rachel Reeves introduced a means test, restricting the payments to only those on pension credit.

Reeves stated that the change was necessary due to the poor state of public finances inherited from the previous administration. The government has faced criticism and calls to reverse the means-testing, with warnings that it could force millions of pensioners to choose between eating a hot meal or turning on the heating this winter. While the government estimates that 1.3 million households will still receive the payments, analysis suggests that around 130,000 people may miss out because they are slightly over the threshold for pension credit.

Pension credit application encouragement

Campaigners argue that the pension triple lock will not be enough to offset the loss of the winter fuel payment, estimating that about 850,000 eligible pensioners are not claiming pension credit. In response, Deputy Prime Minister Angela Rayner and Work & Pensions Secretary Liz Kendall are collaborating with local authorities and charities for the annual Pension Credit Week of Action in September.

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The awareness drive aims to identify households not claiming the benefit and encourage pensioners to apply by December 21 to receive the winter fuel payment. The government hopes to tackle myths that may prevent people from applying, such as beliefs that having savings, a pension, or owning a home are barriers to receiving pension credit. Over the next five years, the state pension is expected to increase for over 12 million pensioners due to the triple lock, and the warm homes plan will support investment in insulation and low carbon heating.

Liz Kendall emphasized the government’s dedication to supporting low-income pensioners despite financial challenges, urging pensioners or their loved ones to check if they could get pension credit. Energy Secretary Ed Miliband added that it is imperative for those eligible to get the support they need this winter, and the government will do everything it can to roll out pension credit.

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Erica Stacey

Erica Stacey is an entrepreneur and business strategist. As a prolific writer, she leverages her expertise in leadership and innovation to empower young professionals. With a proven track record of successful ventures under her belt, Erica's insights provide invaluable guidance to aspiring business leaders seeking to make their mark in today's competitive landscape.

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