April 02, 2024
DWP to increase PIP payments by up to £9,500 a year in massive benefit boost
DWP payments (Image: Getty Images) Sign up to our free email newsletter to receive the latest BREAKING news and daily roundups More Newsletters Subscribe Please enter a valid email Something went wrong, please try again later. More Newsletters We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info Thank you for subscribing! We have more newsletters Show me See Our Privacy Notice See Our Privacy Notice × Group 28 Sign up to our free email newsletter to receive the latest breaking news and daily roundups Invalid email Something went wrong, please try again later. Sign Up No thanks, close We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info × Group 28 Thank you for subscribing! We have more newsletters Show Me No thanks, close See our Privacy Notice The Department for Work and Pensions (DWP) has shared the new payment rates for Personal Independence Payment (PIP) in the 2024-2025 financial year. Legislation says PIP must go up by at least the rate of inflation every year, reports BirminghamLive . This means it will be getting an increase of 6.7 per cent from April 8, based on the Consumer Price Index last September. Just over a third of people get the maximum level of payment, which can be claimed on top of earnings or most other benefits. PIP helps with extra costs if you have a long-term health condition or disability that makes everyday tasks or getting around difficult. The most common reason for claiming PIP is psychiatric disorders, with 1.3 million people receiving the benefit for this reason. Read more: DWP warning as state pensioners have little time left to claim £600 Winter Fuel Payment Read more: DWP payment dates: When benefits will go back to normal after Easter Weekend The next most common is general musculoskeletal disease, such as arthritis and fibromyalgia. Around 678,000 people receive PIP for these conditions. PIP isn't based on your income or savings and can be claimed on top of most other benefits, including Universal Credit. You can also receive PIP while working, as long as your Job doesn't contradict the reasons for your claim being approved. PIP is offered at lower and higher levels of payment, with individuals getting either or both elements after an assessment. Here are all the new amounts of PIP coming in from April 2024. Personal Independence Payment (PIP) rates 2024-2025 Daily Living Component Standard: £72.65 a week (increasing from £68.10) Enhanced: £108.55 a week (increasing from £101.75) Mobility Component Standard: £28.70 a week (increasing from £26.90) Enhanced: £75.75 a week (increasing from £71) PIP awards are based on a weekly payment rate but are paid out every four weeks. In months that are spread across five weeks, you could get one PIP payment in your account at the start of the month and another at the end of the same month. Here are all the possible payment amounts you could receive from next April. 1. Standard daily living only Payment rate: £72.65 a week Monthly amount (every four weeks): £290.60 Annual amount (based on 52 weeks): £3,777.80 2. Enhanced daily living only Payment rate: £108.55 a week Monthly amount (every four weeks): £434.20 Annual amount (based on 52 weeks): £5,644.60 3. Standard mobility only Payment rate: £28.70 a week Monthly amount (every four weeks): £114.80 Annual amount (based on 52 weeks): £1,492.40 4. Enhanced mobility only Payment rate: £75.75 a week Monthly amount (every four weeks): £303 Annual amount (based on 52 weeks): £3,939 5. Standard daily living plus standard mobility Payment rate: £101.35 a week Monthly amount (every four weeks): £405.40 Annual amount (based on 52 weeks): £5,270.20 6. Standard daily living plus enhanced mobility Payment rate: £148.40 a week Monthly amount (every four weeks): £593.60 Annual amount (based on 52 weeks): £7,716.80 7. Enhanced daily living plus standard mobility Payment rate: £137.25 a week Monthly amount (every four weeks): £549 Annual amount (based on 52 weeks): £7,137 8. Enhanced daily living plus enhanced mobility Payment rate: £184.30 a week Monthly amount (every four weeks): £737.20 Annual amount (based on 52 weeks): £9,583.60 This means the minimum payment a person can receive will be £290.60 every four weeks, an increase of £18.20 from the existing £272.40. The maximum will be £737.20 every four weeks, an increase of £46.20 from the existing £691. Story Saved You can find this story in My Bookmarks. Or by navigating to the user icon in the top right. Follow CambridgeLive Facebook Twitter More On DWP Your Money
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