DWP to issue 299 cost of living payments in February Update

DWP to issue 299 cost of living payments in February Update

DWP to issue 299 cost of living payments in February: The Department for Work and Pensions (DWP) is set to give out the third and final cost-of-living payment of £299 in February. Here’s what you need to know in simpler terms.

Who’s Getting DWP to issue 299 cost of living payments in February?

Around eight million people who get certain benefits will get this £299 payment between February 6 and February 22.

How to Qualify for DWP to issue 299 cost of living payments in February

To qualify, you must have been entitled to a payment for a specific benefit between November 13 and December 12.

DWP to issue 299 cost of living payments in February Update
DWP to issue 299 cost of living payments in February Update

If your benefits drop to £0 during this time, you might miss out on the payment. This could happen if you get more than one paycheck during your Universal Credit assessment period.

Payday Issue for 2022

In 2022, 500,000 households on Universal Credit didn’t get the cost-of-living payment. Most missed out because their wages were too high during the qualifying period. This issue of having two paydays in the assessment period has been brought up with ministers.

Concerns from Wendy Chamberlain

Wendy Chamberlain, a Liberal Democrat MP, shared concerns about people losing out because of the payday problem. She asked the government to review the process to make sure no one else misses out.

Government’s Response

Mel Stride, the Work and Pensions Secretary, responded, saying this is a known issue that comes up every few years. The government doesn’t plan to take specific action and trusts people to handle their money, even if there’s an extra payday in a month.

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What You Should Know

Around eight million people will get the £299 payment. It’s the third part of the £900 cost-of-living support announced by the government. Even if you didn’t get the earlier payments, you can still get this £299 if you were claiming specific benefits during the mentioned timeframe.

Eligible Benefits

The benefits that qualify for the third cost-of-living payment include:

  • Universal Credit
  • Income-based Jobseeker’s Allowance
  • Income-related Employment and Support Allowance
  • Income Support
  • Working Tax Credit
  • Child Tax Credit
  • Pension Credit.

Remember, these payments aim to help people during the tough times we’re facing. If you qualify, keep an eye out for the £299 coming your way in February.

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