Pensioners across the Isle of Wight have started to receive up to £600 into their bank accounts to help with energy bills this Winter. Winter Fuel Payments – boosted again this year by an additional £300 per household Pensioner Cost of Living payment – will land in bank accounts over the next 2 months, the vast majority automatically. The money will appear in bank statements with the payment reference starting with the customer’s National Insurance number followed by ‘DWP WFP.’ Mel Stride, Work and Pensions Secretary, has said:
“We have delivered on our promise to halve inflation and will continue to support people right across the South East, including pensioners who may be facing particular challenges over the colder months. “As well as up to £600 to help our pensioners stay warm this winter, we’re boosting pensions through the Triple Lock – increasing the full rate of the New State Pension by over £900 next year.”
The overwhelming majority of Winter Fuel Payments are paid automatically but some people need to make a claim, such as those who qualify but do not receive benefits or the State Pension and have never previously received a Winter Fuel Payment. The payments deliver additional support to pensioners, the majority of whom are on fixed incomes and are unable to raise their incomes through fixed employment. The start of the Winter Fuel Payments season comes hot on the heels of the recent £300 Cost of Living payments made by the DWP to more than seven million eligible households. This latest payment is the second of up to 3 Cost of Living Payments being made this financial year. These payments – which are all tax-free and will not have any impact on existing benefit awards – demonstrate the Government’s commitment to supporting low-income families with financial pressures. Pensioners getting Pension Credit also qualify for this extra support. The average Pension Credit award is now worth £3,900 per year and there is still time for those who are eligible to apply and receive the £300 Cost of Living payment. This is because an eligible claim for Pension Credit can be backdated by three months provided the entitlement conditions are met throughout that time. Including measures announced in the Autumn Statement this week, our total commitment to ease cost of living pressures has risen to £104 billion. That includes paying around half the cost of the average energy bill since last October and amounts to an average of £3,700 per household.
