Older people living on their own could be due annual State Pension boost of £4,300

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The Department for Work and Pensions (DWP) recently confirmed that nearly 78 per cent of all new claims for Pension Credit are processed - from initial application to award decision letter - within the target timeframe of 50 working days (10 weeks). This means older people on a low income making a new claim this month, especially those living on their own, could receive their first payment and any arrears by mid-October. ‌

Despite the full New State Pension now worth £230.25 per week and the full Basic State Pension worth £176.45, data from the Office for National Statistics (ONS) shows that in 2021, some 3.3 million people aged 65 years and over were living alone in England and Wales, with around 337,000 single pensioner households recorded in Scotland. ‌

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