Pensioners: Poverty

This Government takes pensioner poverty extremely seriously – everyone in our society, no matter their working history or savings deserves a comfortable and dignified retirement.

As part of Pension Credit Awareness Week of Action, we joined forces with national charities, broadcasters and local authorities to encourage pensioners to check their eligibility and make a claim. From 16 September, we will be running a national marketing campaign on a range of channels. The campaign will target potential pension-age customers, as well as friends and family who can encourage and support them to apply.

Our future campaign messaging will also focus on encouraging pensioners to apply for Pension Credit before the 21 December 2024, which is the last date for making a successful backdated claim for Pension Credit in order to receive a Winter Fuel Payment.

The Government is also ensuring pensioners are supported through our commitment to protect the Triple Lock, over 12 million pensioners will benefit, with many expected to see their new State Pension increase by around £1700 over the course of this Parliament.

The Household Support Fund is also being extended for a further six months, from 1 October 2024 until 31 March 2025.   An additional £421 million will be provided to enable the extension of the HSF in England, plus funding for the Devolved Governments through the Barnett formula to be spent at their discretion, as usual.

The Warm Home Discount scheme in England and Wales provides eligible low-income households across Great Britain with a £150 rebate on their electricity bill. This winter, we expect over three million households, including over one million pensioners, to benefit under the scheme.

Additionally, the Government will invest an extra £6.6 billion over this Parliament in clean heat and energy efficiency through the Warm Homes Plan, upgrading five million homes through solutions like low carbon heating and improved insulation to reduce emissions and cut bills.