Pension Credit

Pension Credit is a benefit that is paid to older people.  It is a means tested benefit so is based on your income and your savings, if you are in a couple, it is based on the income and savings and both of you.

There are two parts to Pension Credit, Guarantee and Savings.  Guarantee Pension Credit tops up your weekly income to a minimum level, and Savings Credit is a bit of extra money if you having savings or a higher weekly income.  You could be able to claim one of these or both of them.

Even though you may find you could only be eligible for a small amount, if you claim it, it can help with other benefits

Will I be eligible for Guarantee Credit?

- you need to have reached State Pension age.  This is gradually increasing and will be 66 by October 2020.  If you need to check your State Pension age please contact us and we will work it out for you.

- your income will need to be less than £167.25 per week (although this will be higher if you are claiming Attendance Allowance for example), if you are single, and less than £255.25 per week if you are in a couple (again this will be higher if you are both claiming Attendance Allowance and/or Carers Allowance)

Will I be eligible for Savings Credit?

- you need to have reached State Pension age before 6th April 2016

- you are in a couple and one of you reached State Pension age before 6th April 2016 then you may be able to claim

Is there a limit on Savings Credit?

Not as such, but if you have more than £10,000 this will affect how much you will receive

If you have a disability, or you are a carer, or you have certain housing costs, you may still be eligible for Pension Credit, even if your income is higher than that mentioned above.

If you would like further details, or would like to find out whether you qualify for Pension Credit, please call into the office. We are open Mon-Fri from 10 am to 1 pm or you can telephone us on 02380 841199.









Supporting local older people, their families, friends and carers                                                    
Community Web Kit provided free by BT