US EditionPublished • loading... • Updated
32 per Cent of Eligible Pensioners Missing Out on More than £50 a Week Says New Study
A 2023-24 Department for Work & Pensions report found 32% of eligible UK pensioners miss out on over £50 weekly Pension Credit, with Scotland showing highest receipt rates.
- The Department for Work & Pensions found 32% of potentially eligible pensioner households missed claiming more than £50 a week.
- At the £15 weekly threshold, potentially eligible households outnumber eligible households in receipt, indicating lower take-up at smaller entitlements, the Department for Work & Pensions report found.
- By weekly entitlement, Scotland exceeds Wales and England , while over £150 reaches 86%, under £5 drops to 30%.
- Experts and ministers urged that missing out on Pension Credit, which unlocks help with housing costs, council tax, heating bills, and free TV licences for those over 75, is `deeply worrying`, Philly Ponniah said.
- Lack of awareness is the biggest obstacle despite engagement efforts, and the report recommends DWP recommendation for better awareness and simpler claims to boost take-up among applicants required to prove financial information and older people who may not manage finances.
Insights by Ground AI
27 Articles
27 Articles
Keighley News+24 Reposted by 24 other sources
32 per cent of eligible pensioners missing out on more than £50 a week says new study
Many households in England, Scotland and Wales missing out on more than £2,500 a year in pension credits, following a new Department for Work &…
·Keighley, United Kingdom
Read Full Article
Coverage Details
Total News Sources27
Leaning Left0Leaning Right1Center20Last UpdatedBias Distribution95% Center
Bias Distribution
- 95% of the sources are Center
95% Center
C 95%
Factuality
To view factuality data please Upgrade to Premium
