State pensioners could miss out on £241 weekly payments from the Department for Work and Pensions (DWP) due to a common misconception. Retirees are reminded that the state pension is not automatically awarded; it must be claimed.
How Much Could You Lose?
The new full state pension, applicable to those born before 1960, is worth £241 per week or approximately £965 per month. Failing to claim means missing out on this significant income.
Official Guidance from DWP
The Labour Party government and DWP state: “You do not get your State Pension automatically – you have to claim it.” To apply, you need details such as the date of your most recent marriage, civil partnership, or divorce, as well as any periods spent living or working abroad.
What You Need to Apply
- Bank or building society details
- Social security numbers for foreign state pension schemes
- Invitation code from the letter about your State Pension (if applying online)
How to Claim
If you will reach State Pension age within the next four months, you can phone the Pension Service to claim. Alternatively, you can request a claim form by phone, which will be posted to you. Complete the form and send it to Freepost DWP Pensions Service 3. No postcode or stamp is needed.
Can You Work and Claim?
Yes, you can claim your new State Pension even if you continue working. However, you may choose to defer your pension to increase the amount you receive later.
Isle of Man Pension
If you are eligible for a state pension from the Isle of Man, it is separate from your UK State Pension. You will receive two payments, and you cannot defer an Isle of Man pension after 6 April 2016.
For more information, contact the Pension Service directly.
