People born 1 day late miss £300 winter fuel payment after age change | Personal Finance | Finance
A specialist said that after an appointment, people born after an appointment will start to miss the next year’s 300 £ winter fuel payment due to a retirement change. Paul Lewis, who appeared in Radio 4’s Money Box program, announced next year that people could not get payment – but some would get the money if he had been born the day before.
This year, Chancellor Rachel Reeves made the money for more than 9 million retirees. For the winter period of 2025-2026, retirees in the UK and Wales go to households where someone of £ 300 is 80 years and older than £ 200 to £ 300 per household for winter fuel payment. Payment is automatic for most and depends on your age and with whom you live, and you will receive a letter explaining the amount. If your income is over £ 35,000, the payment is recovered with your tax.
However, since next year, everyone born on April 6, 1960 or higher will not receive the state pension. 12 months after this birthday, they will have to wait until 12,849 £ to be qualified. This has an effect on many other benefits, including winter fuel payment.
Mr. Lewis He explained this on his blog It means that everyone born after June 27, 1960 will also miss winter fuel payment for 12 months. “Winter fuel payment is paid only to those who reached the age of retirement in the elimination week in September. It is expected to be born on September 27, 2026 for the winter of 2026, on 27 September 2026. 26 December 1960 or previously born people born on 26 December 1960 or 26 December 1960 or 66 and 9 months.
Mr. Lewis announced that the increase in retirement age in April will reach a particular age group. The state retirement age is scheduled to increase from 66 to 67 between April 2026 and March 2028. This amendment, which was enacted by the 2014 Pension Law, affects individuals born from 6 April 1960 and later. The exact date you will reach the new state retirement age depends gradually increased in this two -year period, depends on your special birth date.
Writing on his blog, Mr. Lewis, announced that everyone who was born after this date will be kidnapped: “Everyone born on April 6, 1960 or later will not receive the state pension on 66. 12 months after this birthday, they will have to wait up to £ 12.849 in the pension.
“The increase in the state retirement age will only take place at the stages of birth date. It will be the same for men and women and apply throughout England.”
April 6, 1960 or later, the people who were born later announced that they had taken their pensions and made calculations showing that they missed £ 12,849. “The real loss for any individual will depend on the day of the week, which is a salary day. This depends on one week and national insurance numbers from Monday to Friday.
“Damage assumes that the individual has received a full new state pension and will increase from 6 April 2026 to £ 241.05 and 2.5%from April 12, 2027. The state accumulates weekly weekly, so there is no payment in a month that explains the difference between the minimum and maximum losses, at least and maximum losses.
The Pension Law 2014 brought the state retirement increase from 66 to 67 up to eight years. The government of the UK also changed the stage of the state’s retirement age increase, that is, instead of reaching the state of pension age at a certain date, individuals born between 6 March 1961 and 5 April 1977 will be appropriate to demand the state pension after the age of 67.
Experts say that people should make plans for changes so that they are not financially surprised. The State will receive a letter from the Ministry of Labor and Pension (DWP) to anyone affected by retirement -year -old changes.
Chancellor Rachel Reeves said last month to see that the system has increased even more to ensure that the system is “sustainable and affordable”. Government review will be reported in March 2029, and Mrs. Reeves said that it was “right” to look at the age where people can receive state pensions as life expectancy increases.
The state’s retirement age is now 66 and it rises to 67 by 2028 and the government is legally required to periodically review the age.
Chancellor said to journalists: ık We have reviewed the retirement adequacy, so it is right to look at the state retirement age in order to ensure that the state pension is sustainable and affordable for generations as the state’s retirement age increases.
“That’s why we wanted a very experienced experts to look at all the evidence.”
