PIP Rate Changes 2024: How Much is the Expected Change in the PIP Rates in 2024?

Check out the details about PIP Rate Changes 2024: How Much is the Expected Change in the PIP Rates in 2024? from this article. Different information regarding PIP Rate Changes 2024: How Much is the Expected Change in the PIP Rates in 2024? and other relevant things are included in this article.

PIP Rate Changes 2024

The changes in the Personal Independence Payment (PIP)  Rate will come into effect on April 8, 2024. This changed PIP Rate will be applicable for the period 2024 – 2025.

PIP rate changes include the increase in the daily and mobility component. In addition, both lower and higher rates of these components have been changed. The PIP Rate will increase by 6.7% in 2024.

PIP Overview

How Much is the Expected Change in the PIP Rates in 2024?

The PIP rate is expected to change by 6.7% in 2024, along with other benefits and pensions. The increased payment rate will ultimately increase the total amount of PIP that a person can receive in a year.

Generally, PIP is paid every 4 weeks, and the information on the exact payment dates is provided in the decision letter. The decision letter is typically sent to the applicants after the completion of their assessment.

Although the PIP Rate will undergo a change in 2024, it won’t happen in the initial month of the year. Usually the changes in the PIP rate are usually done in April of each year. This means that the current PIP rates of 2023 will be applicable till March 2024.

Hence, people will continue to receive the PIP Payments at the rate of 2023 – 2024. The complete information on the past rates, current rates, and the forthcoming rates of the Personal Independence Payment can be found on the UK government’s website.

The current rates of PIP (2023 – 2024) are as follows –

• Mobility Component: The higher rate of the PIP is set at £71 per week, and the lower rate of the PIP is set at £26.90 per week.
• Daily Living: The higher rate of the PIP is set at £101.75 per week, and the lower rate is set at £68.10 per week.

The changed rates of PIP (2024 – 2025) are as follows –

• Mobility Component: The higher rate of the PIP is set at £75.75 per week, and the lower rate of the PIP is set at £28.70 per week.
• Daily Living: The higher rate of the PIP is set at £108.55 per week, and the lower rate is set at £72.65 per week.

People can use the benefit calculator to get an estimate of how much they can get from PIP or any other benefits or pensions that they receive. This calculator can be found on the UK government’s website, and there is no need to sign in to use it.

How does PIP work?

After applying for PIP, the DWP will assess the individual to determine how hard it is for them to do everyday tasks or getting around. Based on the assessment results, the DWP sets the payment rates.

However, the application can also be rejected if the assessment shows that a person doesn’t have much difficulty in doing everyday tasks or getting around. In this case, people can also challenge the decision if they think that the decision is wrong and they are meeting the eligibility.

A letter containing the decision is sent to notify the individuals whether they will receive PIP or not. If they receive it, the letter will also contain the first payment date and the rate of pay.

However, if a person has less than 12 months to live, they can get PIP more quickly. In this case, people usually get the daily living part. However, the claimant must be over 16 years of age and should be under the state pension age.

People can apply for PIP either by phone, post, or online. To apply online, people will need their National Insurance Number, phone number, and a valid email address. Please note that the application for PIP sent by post can take more time for the decision to be made as well as sent.

After submitting the application, the applicants might be invited to attend an assessment. This assessment usually lasts of an hour and is conducted by a health professional.

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