Published On: Sat, Nov 25th, 2023

DWP alert as millions of pensioners set to receive £600 Winter Fuel Payment | Personal Finance | Finance

DWP alert as millions of pensioners set to receive £600 Winter Fuel Payment | Personal Finance | Finance
DWP alert as millions of pensioners set to receive £600 Winter Fuel Payment | Personal Finance | Finance

Millions of pensioners are set to receive payments of up to £600 directly in their bank accounts for the second year running.

As well as this cash boost, pensioners are set to receive a 8.5 percent increase to their state pension after the prime minister Rishi Sunak came through on his pledge to halve inflation by the end of the year.

Around 11.5million Pensioners across the country have started to receive up to £600 to help with energy bills this winter.

Winter Fuel Payments – boosted again this year by an additional £300 per household Pensioner Cost of Living payment – will land in bank accounts over the next two months, the vast majority automatically.

Mel Stride, Work and Pensions Secretary said: “We have delivered on our promise to halve inflation and will continue to support people right across the country, including pensioners who may be facing particular challenges over the colder months.

“As well as up to £600 to help our pensioners stay warm this winter, we’re boosting pensions through the Triple Lock – increasing the full rate of the New State Pension by over £900 next year.”

The money will appear in bank statements with the payment reference starting with the customer’s National Insurance number followed by ‘DWP WFP’ for people in Great Britain, or ‘DFC WFP’ for people in Northern Ireland.

Most people will recieve the payment automatically however there are people who wul have to make a claim.

This includes those who do not receive benefits or the state pension and have never previously received a Winter Fuel Payment

The payments deliver additional support to pensioners, the majority of whom are on fixed incomes and are unable to raise their incomes through fixed employment.

The start of the Winter Fuel Payments season comes hot on the heels of the recent £300 Cost of Living payments made by the DWP to more than seven million eligible households across the UK.

This latest payment is the second of up to three Cost of Living Payments being made this financial year. These payments – which are all tax-free and will not have any impact on existing benefit awards – demonstrate the Government’s commitment to supporting low-income families with financial pressures.

Pensioners getting Pension Credit also qualify for this extra support. The average Pension Credit award is now worth £3,900 per year and there is still time for those who are eligible to apply and receive the £300 Cost of Living payment.

This is because an eligible claim for Pension Credit can be backdated by three months provided the entitlement conditions are met throughout that time.

Including measures announced in the Autumn Statement this week, our total commitment to ease cost of living pressures has risen to £104 billion.

That includes paying around half the cost of the average energy bill since last October and amounts to an average of £3,700 per household.

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