Retirees snag bonuses this Christmas – do you need to claim them? | Personal Finance | finance

State pensioners are used to receiving a fixed amount every four weeks. The Department for Work and Pensions (DWP) oversees the administration of the state pension to ensure everyone receives the amount to which they are entitled.

However, it is worth mentioning an annual special payment, which is commonly referred to as the Christmas bonus.

The bonus serves as a one-time tax-free payment to retirees and other eligible beneficiaries.

It is issued by the DWP, usually in the first full week of December, which is fast approaching.

The Christmas bonus is worth £10, which may not seem like a lot of money at first glance, especially given the cost of living crisis.

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Brits should note that they must be eligible to receive the Christmas bonus.

The first rule relates directly to where a person lives most of the year throughout the year.

Individuals must be present or ‘usually resident’ in the UK, Channel Islands, Isle of Man or Gibraltar during the qualifying week.

Qualifying week is usually referred to as the first full week of December, starting on December 5th this year.

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Those who have not claimed their statutory pension and are not entitled to any of the other qualifying benefits will not receive a Christmas bonus.

Many Brits will be wondering if there is anything they need to do to collect the extra payment this festive season.

Luckily individuals don’t need to claim the Christmas bonus to secure it as it should be issued automatically by the Department for Works and Pensions.

Those who think they should get it, but haven’t, need to look into the matter further.

The government explains: “Contact the Jobcentre Plus office, which will process your payments, or the pension service.”

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