Are you missing out on the financial support that you could be entitled to as a pensioner?
What is Pension Credit?
Pension Credit is a payment that you can apply for that could top up your retirement income once you’ve reached your state pension age. Up to a million people who qualify for this aren’t claiming it, so it’s worth checking if you can get it.
If you qualify for Pension Credit you will also receive the Winter Fuel Allowance.
To qualify for Pension Credit you and your partner, if you have one, both need to have reached state pension age.
What you might get?
Pension Credit has two parts
- Guarantee
- Savings Credit.
You could get one or both parts depending on your circumstances.
Guarantee credit
Tops up your weekly income if it is below £182.60 (for single people) or £278.70 (if you are a couple).
Savings credit
Is an extra payment the Government will give to people to reward them for saving towards their retirement. You may not be eligible for savings credit if you reached state pension age on or after 6 April 2016.
How much you are entitled to will depend on your state pension, income and savings.
You may qualify for a higher amount of Pension Credit if you’re severely disabled or you are a carer. You don’t pay tax on Pension Credit.
How to claim Pension Credit
Claiming Pension Credit is a quick and easy process.
You can claim by calling the Pension Credit Claim Line on 0800 99 1234.
Please have the following information ready before you make the call:
- your National Insurance number
- information about your income, savings and investments
- your bank account details if you’re applying by phone or by post
To apply by post, call 0800 99 1234 and request a form.
You can also apply online at the GOV.UK website
Other support you might get
Pension Credit also enables you to other support, such as:
- Help with housing costs and Council Tax
- Free TV licence (when you’re 75 or over).
- Help with NHS costs, including free dental check-ups and treatment
- Free sight tests and vouchers towards glasses or contact lenses
- Cold weather payments towards your heating bill
- Warm Home Discount – up to £140 off your electric bill (depending on your energy provider).
