Time running out as deadline looms to apply for winter fuel payment worth up to £300

21 December 2024, 08:48 | Updated: 21 December 2024, 13:07

Pensioners have until the end of Saturday to apply for benefits which could unlock access to the winter fuel payment, or risk missing out on up to £300.

It has been switched to a means-tested benefit including for those on pension credit, but official estimates suggest there are 760,000 households who do not claim pension credit.

Chancellor Rachel Reeves decided to scrap the universal entitlement to a winter fuel payment, blaming a financial black hole inherited from the previous Conservative government.

Ms Reeves said the change would save the Treasury around £1.4bn this financial year.

Winter Fuel Payment: Discover if you are eligible?

The number of pensioners receiving the payment is expected to fall by around 10 million, from 11.4 million to 1.5 million.

Those born before 23 September 1958 can receive a £200 or £300 payment if they receive pension credit or other key benefits including universal credit, child or working tax credit, or jobseeker's allowance.

Pension credit tops up weekly incomes to £218.15 for a single pensioner or £332.95 for a joint weekly income for those with a partner.

The deadline to qualify for the 2024/25 winter fuel payment is 11.59pm on Saturday for online applications.