Pension Credit
Pension Credit is a means-tested benefit for people aged 60 and over. It guarantees everyone aged 60 and over a weekly income of at least:
- £137.35 if you are single
- £209.70 if you have a partner.
Extra amounts can be paid if you have special circumstances for example, if you are a carer or have a severe disability. This part of Pension Credit is called Guarantee Credit.
Pension Credit is means-tested but there is no upper savings limit. You can claim Pension Credit if you are working, although your earnings will affect how much benefit you receive.
If you are 65 and over and have savings, or income above the basic state pension level, you may also be eligible for Pension Credit. This part of Pension Credit is called the Savings Credit and can increase your weekly income by up to:
- £20.52 if you are single
- £27.09 if you have a partner.
Many pensioners are now entitled to this extra financial help, so contact the Pension Service on Freephone 0808 100 6165 or Textphone 0808 100 1165 to find out.
If you receive Pension Credit, you can apply for help from the Social Fund.
If you receive the Guarantee Credit element of Pension Credit, you will be entitled to other help such as full Housing Benefit, free dental treatment and free prescriptions.
How can I apply for Pension Credit?
You can apply by calling the Pension Credit application line on freephone 0808 100 6165 or textphone 0808 100 0065. You can also visit www.direct.gov.uk/pensions-and-retirement-planning
Its a good idea to get help filling in the claim form from an experienced benefits adviser