DWP payment increase will leave some state pensioners with extra £1,319 a month | Personal Finance | Finance
Attendance Allowance claimants are set for a cash boost in April in line with the September Consumer Price Index (CPI) inflation figure of 6.7 percentm with the state pension rising by 8.5 percent.
This means those recieving the full new state pension as well as Attendance Allowance will be due £1,319 every four weeks.
Those on the basic state pension recieving Attendance Allowance are set to receive £169.50 per week from April.
Coupled with the higher rate of Attendance Allowance, this gives a total of £1,112 every four weeks.
Even though these are seperate payments, knowing how much to expect each month can help people budget and plan for the future.
As we continue in the new year, Britons have already faced rises in bils.
From January 1, 2024 the price of energy for a typical household who use gas and electricity and pay by Direct Debit went up £94.
Ofgem increased the price cap from £1,834 to £1,928 per year.
The current predictions from experts at Cornwall Insights are that after the January rise, it will drop in April 2024 to £1,816 a year for a typical household, followed by a further reduction in July 2024 to a typical £1,793 a year.
It is then predicted to go back up to £1,834 a year in October 2024.
Who can claim Attendance allowance?
Attendance Allowance is extra money if someone has a long-term physical or mental condition or disability. It doesn’t matter what their condition is – what matters is how it affects them.
Those who have reached State Pension age and need help with personal care, or need support to check they’re ok, may be eligible for the benefit.
As many as 416,000 people are claiming Attendance Allowance from the DWP which is worth £101 a week or £407 a month for some.
The uprating of 6.7 percent will see Attendance Allowance claimants receive either £72.65 (lower rate) or £108.55 (higher rate) each week. This amounts to either £290.60 or £434.20 every pay period.
How much is the state pension increasing?
With the 8.5 percent increase, the full new state pension will go up from £203.85 a week to £221.20 a week, meaning these pensioners will get £884.80 each four-week pay period. This amounts to an increase of just over £900 a year.
People on the full basic state pension will see their payments rise from £156.20 a week to £169.50 a week, which is £678 for each pay period. This is an uprating of almost £700 a year.
State Pension and Attendance Allowance combined income
Full New State Pension payments over a 4-week period:
Full Basic State Pension payments over a 4-week period: