Three additional payments given by the DWP could see eligible pensioners £460 better off
Some pensioners could get up to £460 by the DWP (Image: Getty Images)
People over the age of 66 are set to receive certain financial boosts later this year, with three additional payments from the Department for Work and Pensions (DWP). Payments will total £460 for eligible pensioners.
The three payments include the Winter Fuel Payment, the Warm Home Discount, and the Christmas Bonus – all of which will be automatically paid, meaning pensioners will not need to apply.
Around 12 million pensioners are expected to receive the Winter Fuel Payment, which is worth £200 per household or £300 where at least one person is aged over 80, the Express reports.
Those with higher incomes above £35,000 will still receive the payment, but it will later be recovered by HMRC through either PAYE or self-assessment.
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Another key element of the financial help is the Warm Home Discount – a one-off credit of £150 applied directly to electricity accounts between October and March.
The scheme, funded by energy suppliers, provides a vital reduction in bills for those on certain benefits. Prepayment and Pay-As-You-Go customers will instead receive a voucher to help top up their meters.
Some suppliers have already opened applications for this year’s round of support, so pensioners are advised to check with their provider.
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It arrives as a separate payment and is not tied to regular pension disbursements, so recipients may see it appear on a different day.
The additional support comes alongside the Government’s Triple Lock policy, which will increase the State Pension by up to £1,900 over the course of this Parliament.
Ministers say these measures are designed to provide reassurance as pensioners face the double challenge of colder weather and rising household costs.