Nearly half a million people claiming their State Pension are also in receipt of PIP
The latest statistics from the Department for Work and Pensions show by the end of January 2023, there were more than 3.25 million people across Great Britain claiming Personal Independence Payment , including 319,336 living in Scotland. The figures also indicate nearly half a million people of State Pension age are also in receipt of PIP.
The New State Pension is worth up to £203.85 each week and the Old Basic State Pension up to £156.20. The annual benefits uprating in April now means that older people claiming the Full New State Pension and both of the enhanced components for PIP will receive up to £1,506.40 every four weeks - an increase of £138.20 on 2022/23 rates.
People who reach State Pension age who are no longer claiming any of the working age disability benefits may also be able to reclaim it - as long as they are claiming for the same health conditions that they initially received the award for and the last claim ended less than 12 months before reaching State Pension age.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PIP informal observations limited to time between start and end of an assessmentThe health professional cannot document observations made before or after the assessment.
Read more »
New PIP transfer update for people due to move to Adult Disability PaymentMore existing claimants will start to receive letters notifying them of the move to the devolved benefit.
Read more »
Teachers forced to opt out of generous pension schemes, costing them £8k for every lost year📈 The number of teachers opting out of their gold-plated pension scheme for financial reasons shot up by 77% last year Now experts have warned of a looming “retirement income crisis” in the profession 🔴 CallumCMason reports
Read more »
UK’s pension lifeboat fund slashes equity allocation\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Australia’s biggest pension fund freezes new business with PwC over tax scandal\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
UK’s pension lifeboat fund slashes equity allocation\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »