The Department for Work and Pensions says state pensioners could in line for 13 freebies or discounts worth nearly £9,000 in August. The DWP State Pension is a gateway benefit allowing pensioners to open themselves up for further benefits. But there's a sting in the tail for many right now, after the new Labour Party government axed the £300 Winter Fuel Payment.
Winter Fuel Payments were previously available to everyone who is above state pension age in the UK. But new Labour Party Chancellor Rachel Reeves has confirmed the rules are changing in England and Wales so only those on means-tested benefits including Pension Credit will be eligible. Winter Fuel Payments are worth up to £300, depending on your living arrangements.
READ MORE UK households in council tax bands A to D face 'potential prison sentence' Pension credit – £3,900 Pension Credit gives you extra money to help with your living costs if you’re over State Pension age and on a low income. Pension Credit can also help with housing costs such as ground rent or service charges. You might get extra help if you’re a carer, severely disabled, or responsible for a child or young person.
Pension Credit is separate from your State Pension. You can get Pension Credit even if you have other income, a pension, savings or own your own home. Even a small award of Pension Credit can provide access to a wide range of other benefits.
Savings credit – £884.52 You could get the 'Savings Credit' part of Pension Credit if.