Around eight million Britons will be monitoring their bank accounts to see if the second half of their £650 Cost of Living Payment has arrived, worth £324. We have just received the latest DWP update on this.

This all comes on top of the Energy Price Guarantee, which caps the average energy bill at £2,500 a year for the next two years.

Here’s what pensioners may receive in the weeks and months ahead.

Cost of Living Payment. This gives eight million of the poorest households £650 to cover rocketing living costs.

Pensioners will qualify if they were claiming State Pension top-up Pension Credit, between 26 April and May 25, 2022, or began a successful claim during that time.

The first instalment of £326 was paid in the second half of July. 

There were reports that the second payment of £324 would be paid by Saturday, October 1, but these turned out to be false.

The Government originally said the second payment would come through in the autumn, without setting a specific date.

We spoke to the DWP this morning which assured us that the payment would be hitting bank accounts “soon”.

Anybody who has not received their payment should not worry they have missed out. It may just be days away.

The money is paid automatically and does not need to be claimed. Payments may show in your bank account as “DWP Cost of Living”.

The Cost of Living Payment is per household, so a couple claiming would qualify for one payment

Pensioner Cost of Living Payment. Pensioners will get a further Cost of Living Payment, directed at them.

This additional support worth £300 will be paid as a top-up to those who qualify for the 2022/23 Winter Fuel Payment. It will arrive in either November or December. 

Again, this is paid per household, so a couple qualify for just one payment.

READ MORE: When to expect £324 Cost of Living Payment and Energy Bills Support

Winter Fuel Payment.  To qualify for this year's Winter Fuel Payment, you must have been born on or before September 25, 1956, and lived in the UK for at least one day during the week of 19 to 25 September 2022.

The maximum payment would go to someone born on or before 25 September 1942, who lives alone (or with people who don’t qualify for the Winter Fuel Payment).

They will get £600, which includes the £300 Pensioner Cost of Living Payment.

This is also paid per household, so a couple would qualify for one Winter Fuel Payment between them.

Disability Cost of Living Payment. This is being paid automatically from September 20, with most of the six million recipients receiving the £150 payment in the first two weeks of October.

Most people should have received a payment by now, or should do so in the coming days. Those have not heard anything by mid October should check to see what has happened.

READ MORE:
State pension age rise could see over 60s lose benefits [REVEAL]
Savings account ranked 'excellent' as provider increases rate to 4.33% [INSIGHT]
Some pensioners may not be eligible for £300 Cost of Living payment [WARNING]

Council tax energy rebate. Announced in March, the £150 rebate on council tax bills should have been paid by now.