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  • LHA/Universal Credit

    Heard about the benefits change in May?

    On another forum I just came across the following information which I had not heard about previously which may impact some PT members.  This news was released at 7.20pm on the eve of the Brexit vote and could "cost" some pensioners up to £7,000 pa in lost pension credit.  In short:

    Couples where one is over the state pension age, currently 65 for both men and women, and one is not, will no longer get the benefit.  It will take effect from 15 May 2019 when relevant new claims are opened nationwide for six-in-one benefit Universal Credit.

    "Under the proposed rules, couples where one partner is over pension age and is not expected to seek work will get the same rate as a couple where both partners are under pension age and both are expected to seek work".

    Under the new rules, pension age partners will be forced to claim working-age benefits alongside their younger partners.

    https://www.ftadviser.com/pensions/2019/...n-credits/

    https://www.mirror.co.uk/news/politics/p...t-13857850

    https://www.express.co.uk/finance/person...retirement

    Fortunately we are not affected by it (and I'm not sure it's a bad idea in principle) but I find it hard to believe that someone who was expecting to claim pension credit from 16th May this year was given only 4 month's notice that they will no longer be entitled to receive it if their partner is below state pension age.  According to Age UK this change could mean couples are financially better off if they split up.

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    According to https://www.moneysavingexpert.com/savings...on-credit/ if you are already claiming the pension credit it won't be taken away from you. It only affects new claimants after 14th May.(& possibly people who have the credit removed and have to reapply). Claimants who were eligible before 15th May can make a backdated claim up until 13th August.

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