Research reveals that 470,000 eligible female pensioners in the UK are not claiming a crucial benefit that could average up to £2,600 annually, exacerbating issues of poverty among older women.
Recent research conducted by Age UK highlights that approximately 470,000 single female pensioners in the UK are failing to claim Pension Credit, a vital benefit that could significantly improve their financial circumstances. This benefit can average around £2,600 annually, providing essential support to those who may be struggling financially. The findings raise concerns about the awareness of such benefits among older women and the barriers preventing them from applying.
The alarming statistics from Age UK indicate that many women pensioners are living in poverty, with the number now reported at 1.1 million. This persistent issue is noteworthy against the backdrop of a marked decrease in the number of female pensioners, which has dropped by 740,000 since 2010-11, coinciding with increases to the State Pension age. The discrepancy suggests that despite fewer older women, financial insecurity remains a critical issue that needs addressing.
Advocates for older women are calling attention to these findings, asserting that they reflect a serious failure within the support system designed for pensioners. The situation calls for urgent reforms to ensure that eligible pensioners are not left behind and that they receive the benefits that could alleviate their financial struggles, highlighting a broader societal issue surrounding gender and retirement security.
