State pension age Britons may receive boost of up to £360 per month – how to check | Personal Finance | Finance
State Pension age is usually the point at which Britons choose to leave the workforce for retirement. While this is well-earned, often after decades of hard work, it can present a challenge financially. Without the constant stream of income from a salary, Britons often have to turn to their own savings or payments from the Government to offer a helping hand.
However, as Britons do not have to have someone caring for them to claim, many could find themselves eligible for the sum.
To unlock Attendance Allowance, people must be state pension age with the following circumstances applicable:
- A person must have a physical or mental disability, or both
- A person’s disability must be severe enough that they need help caring for themselves or someone to supervise them
- A person must have needed this help for at least six months
Individuals must usually be in Great Britain in order to make the claim, and must have been so for at least two of the last three years.
They must also be “habitually resident” in the UK, Ireland, Isle of Man or Channel Islands to claim.
Pension: Britons urged to act as many lose track of savings [ANALYSIS]
PIP: You may get up to £608 per month for stress or anxiety [INSIGHT]
PIP update as thousands of claimants could be set for back payments [UPDATE]
A payment of Attendance Allowance could offer a solid amount of financial aid to those who are eligible.
The sum is paid at two weekly rates, with what a person ultimately receives dependent on their circumstances.
Attendance Allowance, however, is not a means-tested payment from the Department for Work and Pensions (DWP).
This means what a person earns or has put away in savings does not impact the sum they ultimately receive.
Consequently, then, individuals claiming Attendance Allowance could get a monthly sum of just under £360 if on the higher rate.
The DWP has told Britons to flag a change of circumstance if it occurs, as soon as possible.
This is to ensure everyone receives the right amount of support from Attendance Allowance.
All payments will be issued into a person’s bank, building society or credit union account so they can access support with ease.