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Universal Credit claimants could get benefits boost to combat State Pension age rise
The committee says the temporary rise would cost about £600 million and help older claimants avoid poverty while waiting for State Pension age to rise.
- The Work and Pensions Select Committee has called on the Government to urgently increase Universal Credit payments for 66-year-olds as the State Pension age rises to 67, aiming to prevent widespread poverty.
- People caught by the State Pension age increase face a sharp financial cliff edge; those aged 66 may rely on around £425 monthly via Universal Credit, while Pension Credit offers more than £1,000 for eligible pensioners.
- Evidence presented during the inquiry suggests the temporary measure would cost around £600 million, representing a fraction of the estimated £10.5 billion the Treasury expects to save from the State Pension age increase.
- Caroline Abrahams, charity director at Age UK, welcomed the report, warning that forcing people to wait for their State Pension creates an "entirely foreseeable increase in poverty" among pre-pensioners.
- MPs also criticized the Government for relying on impact assessments over a decade old, urging implementation of the temporary benefit boost by the end of this year to prevent further hardship.
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19 Articles
19 Articles
Telegraph & Argus+11 Reposted by 11 other sources
Universal Credit claimants could get benefits boost to combat State Pension age rise
MPs want an urgent Universal Credit boost for some 66-year-olds as the State Pension age rises, warning thousands could be pushed into poverty.
·Bradford, United Kingdom
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Evening Standard+2 Reposted by 2 other sources
MPs back benefit boost for 66-year-olds as state pension age increases
The Work and Pensions Committee said some people face a ‘year of hardship’ on inadequate working age benefits and potentially running down savings.
·London, United Kingdom
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MPs call for universal credit increase as state pension age rises to 67
MPs call for universal credit increase as state pension age rises to 67 . A cross-party group of MPs has called on Labour to increase universal credit payments for people aged 66 as the state pension age gradually rises to 67
·London, United Kingdom
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Total News Sources19
Leaning Left3Leaning Right2Center14Last UpdatedBias Distribution74% Center
Bias Distribution
- 74% of the sources are Center
74% Center
L 16%
C 74%
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