Martin Lewis warns that this winter will be even harder for people as cost of living support drops. He also highlights that 800,000 pensioners might not know they are eligible for the support.
As millions of people across the UK are waiting for the cost of living support to drop into their banks, Martin Lewis has warned us about the 'worst winter'.
Martin appeared on Good Morning Britain to talk about the scheme. Although eight million people are set to receive the money, the financial expert said that 800,000 pensioners might not know they are eligible for the money.Lots of pensioners don't get Pension Credit because they don't know they are eligible, however, it could be worth an extra £3,500 a year.
“So that was 66 to 67 quid a month being paid to every household. That isn’t happening this year. So you factor that in and you look for somebody on typical bills. And even though last winter was, you know, the most horrendous year, which we were all talking about in catastrophic terms in the run up to it. Actually, the typical household will be paying more month by month this coming winter than they did last winter.
“Most important message I have for people about that cost of living payment is really important. Well, on most benefits, you either get it or you don’t. At this point there’s a benefit called pension credit, which is specifically for lower income pensioners. And on that one you can back date the claim for three months, which means if you don’t get pension credit and you’re eligible for it, you can still get that extra 300 quid. Even if you were to claim now or next week or the week after.
Martin Lewis Cost Of Living Support Winter Pensioners Eligibility
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