Martin Lewis has issued an urgent warning to over 700,000 low-income pensioners who may be entitled to this year’s Winter Fuel Payment but could miss out on either £200 or £300 if they ignore a crucial deadline coming up in just a couple of weeks’ time. During the final Martin Lewis Money Show Live of 2024, the consumer champion urged everyone to encourage older people in their life to check if they are eligible for Pension Credit. Martin explained that new claims for the £4,200 income boost need to be made before December 21 to ensure entitlement to a backdated Winter Fuel Payment. He also highlighted that Pension Credit acts as a “gateway” to other streams of financial support, including Council Tax discounts and help with housing costs.
“This is an urgent warning about the Winter fuel payment deadline. For the first time this winter, payments for pensioners are means-tested, and the payment is worth £200, or £300 if you’re older. To get Winter Fuel Payment, you now need to claim and get Pension Credit,” said Martin Lewis. The deadline for applications is a little less than two weeks away, on December 21, and applicants must have been eligible three months ago as this is effectively a backdated claim.
Claims made after December 21 will still be eligible for future Winter Fuel Payments, as this deadline applies specifically to the 2024/25 payment. Martin Lewis also explained who is likely to receive Pension Credit based on income thresholds for singles and couples of State Pension age. He emphasised that even a small weekly award of £1 can unlock other forms of support and urged eligible pensioners to inquire about their eligibility by calling the Pension Credit claim line on 0800 99 1234.
The financial guru also clarified how income, including State Pension and other benefits, is assessed by the Department for Work and Pensions (DWP) when reviewing applications for Pension Credit. Martin Lewis acknowledged that the eligibility rules may seem complicated to some older people and directed them to seek assistance from various organisations and helplines to ensure they receive the financial support they are entitled to.
In summary, it is crucial for low-income pensioners to check their eligibility for Pension Credit to access the Winter Fuel Payment and other forms of financial assistance. Pensioners and their families can use online calculators or contact helplines to determine their eligibility and make successful claims. By proactively applying for Pension Credit, pensioners can unlock additional support to help with various living expenses.
My summary:
Martin Lewis has emphasised the urgency for low-income pensioners to check their eligibility for the Winter Fuel Payment and Pension Credit before the looming deadline. By highlighting the potential financial assistance available and providing guidance on the application process, Martin Lewis aims to ensure that eligible pensioners do not miss out on crucial support during the winter months. It is essential for pensioners to take action now and explore their entitlements to alleviate financial burdens and access necessary aid.