Benefits claimed by older people which are due next week may also arrive before Hogmanay.
New Year’s Day falls on Sunday, which means days at the start of the first week of 2023 are classed as bank holidays. Monday, January 2, is an ‘observed’ bank holiday across the UK while Tuesday, January 3, is classed as a ‘substitute’ bank holiday - but only in Scotland.
This means that State Pension payments and benefits for older people delivered by the Department for Work and Pensions which are due on those dates will be made earlier. Payments affected by the seasonal bank holidays will arrive on Friday, December 30 and as the cost of living crisis continues to squeeze household finances, it’s important to know exactly what money you have coming in and when - especially when government offices and phone lines are closed.
State Pension, Pension Credit, Attendance Allowance, Carer’s Allowance, Disability Living Allowance and Personal Independence Payment are all payments older people may be expecting over the next week. Below is everything you need to know about the payment date changes.State Pension increase 2023/24 Basic and New State Pension payments will increase next year by 10.1% for nearly 12.5 million older people across the UK.
By honouring the State Pension Triple Lock it means those on the full New State Pension will see payments increase from £185.15 per week to £203.85 and those on the Basic State Pension will see weekly payments rise from £141.85 per week to £156.20.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Generation of women in debt after 'absolutely devastating' state pension falloutData shared with Sky News from WASPI found a third of women affected by the changes are in debt, with as many as 80% saying they suffered financial hardship by the delay in finding out the retirement age had changed.
Read more »
New State Pension age changes could mean you need to work longer before retiringProposed State Pension age changes could mean you need to work longer before being able to retire
Read more »
New State Pension, Universal Credit and other DWP payment rates from next AprilNew payment rates from next April for State Pension, PIP, Universal Credit and other DWP benefits
Read more »
The new DWP payment rates from next April for State Pension, PIP and moreThanks to the Department for Work and Pensions (DWP) announcing the new payment rates for 2023, you can instantly work out how much your monthly income will go up by next year.
Read more »
Where the cast of classic Hogmanay favourite Only an Excuse are nowThe annual Scottish comedy sketch show ended in 2020, which was a firm favourite in Glasgow before we all welcomed in the New Year - but where are the cast now?
Read more »
Freebies and discounts you can get on Universal Credit or other benefitsUNIVERAL Credit and benefits recipients worried about how to make their cash last in January can get extra help. Hard-up households can get help to pay for housing, prescriptions, travel and bills.…
Read more »