Pension Credit – Check Your Eligibility

This year the Government’s Pension Credit Week of Action takes place between 12 and 16 June and they are urging people to check their eligibility and claim.

Pension Credit gives people extra money to help with their living costs if they are over State Pension age and on a low income. Pension Credit can also provide access to a range of other benefits such as help with housing costs, council tax, heating bills and for those aged 75 or over, a free TV licence.

Although take up of Pension Credit is at the highest level since 2010, there are still too many people missing out.

About Pension Credit

Pension Credit tops up weekly income to a guaranteed minimum level of £201.05 a week for single pensioners or £306.85 for couples. It is a tax-free payment for those who:

Someone may still get Pension Credit if they:

  • have not paid National Insurance contributions
  • have some savings or a small pension
  • live with their grown-up family
  • own their own home

Use the Pension Credit calculator to find out how much Pension Credit someone could get – without giving any personal details.

A quick guide to entitlement

There are 4 main questions when considering whether a pensioner may get Pension Credit:

  1. How old are they?
  2. If they have a partner, how old is their partner?
  3. What is their weekly income? Is it less that £201.05 if they are single or £306.85 if they are a couple?
  4. Do they have any savings? Have they got less than £10,000?

People who have more income or savings than this may still qualify for Pension Credit. But these questions are a good basic indication of who is likely to qualify.

If they are over 65 and reached their State Pension age before 6 April 2016, they could still qualify for Pension Credit if their weekly income is less than:

  • £240.90 if they are single
  • £351.45 if they are a couple

 

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