Almost a million households could miss out on £900 cost of living payment

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Almost a million households could miss out on £900 cost of living payment
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MORE than 800,000 hard-up households could miss out on a £900 cost of living payment this year due to a loophole. More than eight million people will get the help directly into their bank accounts.…

If your income is too high to get pension credit, you may still get some savings pension credit, so it's worth checking.There are two parts to the benefit and pensioners can be eligible for one or both parts:tops up your weekly income to a guaranteed minimum level. This is £182.60 a week if you're single and £278.70 a week for married couples.provides extra money if you've saved money towards retirement. You can get an extra £14.

You may also get additional pension credit if you are disabled, have caring responsibilities or have to pay certain housing costs such as mortgage interest payments. For instance, you can get either £56.35 a week or £66.85 per week for each child or young person you’re responsible for.For example, if you have a severe disability you could get an extra £69.40 a week or if you care for another adult you could get an extra £38.85 a week.Applications for pension credit can be made on the government website or by ringing the pension credit claim line on 0800 99 1234.

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