Pension credit applications rise but many rejected

Quick Summary:

A big jump in pensioners applying for the means-tested benefit came after ministers limited winter fuel payments.

Chancellor Rachel Reeves has withdrawn the fuel payments from 10 million pensioners, to help cover what she called a £22bn black hole in the public finances.

An estimated 880,000 low-income pensioner households eligible for pension credit currently fail to claim it.

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Article Details

Category: Business

Markets: United KingdomIreland

Topics: Being Payments Been People Credit Pension Winter Applications Pensioners Fuel

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 14:27:06 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 657 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23922023

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Official Website: bbc.co.uk

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News Last Updated: 13 hours ago

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