The Department for Work and Pensions (DWP) is providing financial support for individuals over the age of 80 who may be struggling with daily living expenses. Eligible pensioners who do not receive a Basic State Pension, or whose weekly income is less than £105.70, can claim an additional payment of £105.70.
This initiative targets those born before 1945, ensuring that older individuals have access to essential funds. The extra payment, known as the ‘Over 80 Pension,’ acts as a supplement for those in need, effectively helping to cover living costs.
Eligibility Criteria for the Over 80 Pension
To qualify for the Over 80 Pension, applicants must meet specific criteria. They need to be aged 80 or over and either not receive a Basic State Pension or have a Basic State Pension income that is less than £105.70 per week. Additionally, applicants should have been residents of the United Kingdom for at least 10 years out of the past 20 years, which does not need to be consecutive. This 20-year period must include the day before the applicant’s 80th birthday or any day thereafter.
Individuals can apply for this pension up to three months before their 80th birthday. It is important to note that the Over 80 Pension is considered taxable income. Therefore, it may impact other benefits that recipients are currently receiving.
Additional Support for Low-Income Individuals
Low-income individuals over the age of 80 may also be eligible for Pension Credit, which is another form of financial assistance provided by the DWP. The specific amount of Pension Credit awarded will depend on the individual’s Basic State Pension.
If applicants do not receive the Basic State Pension or if their income falls below the £105.70 threshold, the DWP will cover the difference up to this amount.
Furthermore, those living in or moving to countries within the European Economic Area (EEA) or Switzerland can find information regarding pensions and benefits for UK nationals in these regions.
In summary, the DWP’s Over 80 Pension aims to provide crucial support to older residents, helping them manage daily expenses and ensuring they have the necessary resources as they age.
