Martin Lewis says state pensioners get extra | U.Ok.Finance News
Money professional Martin Lewis says state pensioners can get extra money from the Department of Work and Pensions in the event that they meet one of 4 or more situations. Speaking on The Martin Lewis Money Show Live on a earlier collection on ITV1 and ITVX, the financial guru urged pensioners who’re ‘ill or disabled’ to make sure they’re getting an underclaimed benefit referred to as Attendance Allowance.The DWP benefit at the moment provides you up to £110.40 per week – and it’s not means-tested. That signifies that regardless of how a lot income you’ve gotten, how a lot you’ve gotten in financial savings or what else you own, you’ll nonetheless be eligible for the complete benefit price up to about almost £6,000 a yr in money funds from the DWP.Martin informed his ITV viewers: “This is for disabled or ill people of state pension age, we need to collectively work together to spread word on this one.“Most importantly, Attendance Allowance is not means tested, they do not look at your means or how much money you’ve got.“You’re either entitled to it or not entitled to it regardless of finances.“It is for those who need help with daily living. Both mental and physical conditions.“For those who are already on Personal Independence Payments or Disability Living Allowance, you get more, you can’t have both, you don’t wanna claim this. This is for everyone else.“So let’s look at the amounts. If you need help during the day or in the night, but not both, is the lower rate…so just under £4,000 a year.“If you need help during the day and at night, that’s the higher rate… just under £6,000 a year.“Now to be eligible for Attendance Allowance, you must have needed help for six consecutive months.“This is crucially important. You must have NEEDED help, not have got help. There are many people out there who need help but haven’t got help, which is why Attendance Allowance is there.“So it is about the need, not the actuality of what happens.”Since the episode went out, the quantity has been elevated for inflation and is now price £110.40 per week, and the decrease fee is £73.90 per week.Martin then defined that to be eligible, there’s a precedent set in law which defines the type of help that’s prone to warrant claiming the benefit and end in you being paid the money.He added: “What defines help? Well the first one is help with daily living, and a famous old judge… in 1981 defined this and it still fits for today.“This is help with bodily functions including breathing, hearing, seeing, eating, drinking, walking, sitting, sleeping, getting in or out of bed, dressing, undressing, eliminating waste products and the like.“All of which an ordinary person who is not suffering from any disabilities does for himself.“That is the definition of help which is needed.“You can see the broad range of people who this would impact.”Martin then listed 4 situations which might be prone to qualify, including: “This is common for people with Parkinson’s, or physical disabilities, dementia or terminal illness and more.“You can apply on someone else’s behalf as long as they are capable of understanding or you can sign it for them if you have Power of Attorney.”
Stay up to date with the latest news within the European markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on regional trade. We present every day updates to make sure you have entry to the freshest info on stock market actions, commodity costs, currency fluctuations, and main financial bulletins throughout Europe.
Explore how these trends are shaping the long run of the European financial system! Visit us often for essentially the most participating and informative market content material by clicking right here. Our fastidiously curated articles will keep you knowledgeable on market shifts, investment methods, regulatory developments, and pivotal moments within the European financial panorama.
