PIP claimants to get up to £151 extra in bank accounts

People who receive Personal Independence Payments (PIP) will be getting a boost to their finances early next year. The PIP rates will increase from April, meaning more cash for disabled and sick people who claim the support.

PIP is given to people with conditions which mean they require support getting around or to complete daily tasks. Benefit payments are increased every year in line with the inflation figure from the previous September.

That means those who get state support will see payments increase by 1.7%. PIP is worth a maximum of £737.20 every four weeks.

READ MORE: £200 cost of living payments for households not on DWP benefits

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So from April, the new maximum amount will be £749.80. That equates to an extra £151 over a year.

PIP is made up of two components - a daily living rate and a mobility rate - and eligibility for either or both depends on how your condition impacts your everyday life. Those who get both get the maximum amount.

How the PIP rates will change:

• Daily living - Lower rate: £72.65 a week to £73.90 a week; Higher rate: £108.55 a week to £110.40 a week

• Mobility - Lower rate: £28.70 a week to £30.20 a week; Higher rate: £75.75 a week to £77.05 a week

Disability Living Allowance (DLA) will also be increasing from April along with a number of benefits like Universal Credit. The state pension will increase by a bigger amount, around 4%.

This is because the pension increase is based on the triple lock guarantee, which provides greater protections for older people. The rate rises at the same rate as whatever is highest out of inflation, wage growth and 2.5%.