Reading Time: 2 mins Deadline. Pensioners on low incomes are being reminded that the deadline to claim for a key benefit by this Thursday, August 18 th , in order to receive the full cost of living payment. MoneyMagpie want to urge you to please check in on your elderly relatives and people who may need help with this as if they miss out it will be catastrophic for some this winter. Commenting on the deadline, set by the Department for Work and Pensions (DWP), to apply for Pension Credit and still qualify for the first cost of living payment of £326, Sarah Pennells, consumer finance specialist at Royal London says: “Pension Credit is a highly valuable benefit, especially during the cost of living crisis, yet approximately one in three people who are entitled to receive it, don’t currently claim it, missing out on an estimated £1.7 billion of benefits. “Not only does it top up the income of people who aren’t entitled to the full State Pension, but – crucially – bec...