Pensioners on PIP Could Receive £1,670 Monthly in 10-Year Awards
Thousands of pensioners receiving Personal Independence Payment (PIP) could be eligible for an extra £1,670 every month if they successfully claim from the Department for Work and Pensions (DWP). This substantial boost comes as part of a 10-year payment reward system that many older claimants may not be aware of.
DWP Figures Reveal Significant Support for Older Age Groups
According to DWP statistics from October, approximately 754,000 individuals aged between 65 and 79 saw their monthly income increased by up to £1,670.80 thanks to PIP. Additionally, there are 529,216 people aged between 60 and 64 who receive support ranging from £116.80 to £749.80 every four weeks.
Many people over 56 might be unaware of the awards they can receive. A recent change to PIP guidance states: "Claimants whose review would have taken place when they were of State Pension age means they are now generally awarded ongoing awards."
Understanding Personal Independence Payment
Personal Independence Payment (PIP) is a benefit designed for individuals under State Pension age who require assistance with daily activities or mobility due to a long-term illness or disability. Unlike some other benefits, PIP is not based on National Insurance contributions and is not means-tested, meaning your savings do not affect eligibility.
Recipients can spend PIP on whatever they need, providing crucial financial flexibility. However, if you have care needs and have reached State Pension age while claiming for the first time, you should consider applying for Attendance Allowance instead.
How PIP Awards Are Determined
The amount of PIP you could receive depends on the difficulty you face with specific tasks, such as:
- Preparing food and drink
- Dressing and undressing
- Getting around
PIP consists of two components: a daily living component and a mobility component. You may be eligible to claim one or both of these components based on your individual circumstances.
Although awards are set on an individual basis and tailored to the claimant's needs, they typically last for 10 years. These awards take into account factors like planned therapy or learning to manage a condition effectively.
Transition from Disability Living Allowance
PIP is gradually replacing Disability Living Allowance (DLA). However, if you were born before 8 April 1948 and are currently claiming DLA, you can continue to do so without switching to PIP.
This development highlights the ongoing support available for older individuals with disabilities, ensuring they receive the financial assistance necessary for their daily lives.
