Pension Credit tops up weekly income to a guaranteed minimum level of £218.15 a week for single pensioners or £332.95 for couples.
Residents who receive Pension Credit may also be eligible for a range of other benefits, such as help with housing costs, council tax, and heating bills.
Additionally, those aged 75 or over who receive Pension Credit qualify for a free TV Licence.
The Department for Work and Pensions estimates that up to 850,000 pensioner households across the country may be eligible for Pension Credit but do not claim it.
It says that “some pensioners think because they’ve got savings or own their home they would not get any Pension Credit.”
It also says that other barriers where pensioners may wrongly think they are not eligible include:
- They may be working
- They may be getting a small occupational pension
- They may have been turned down in the past
You can use the Pension Credit Calculator to find out how much Pension Credit you or a loved one may be entitled to.
More information is also available via The Pension Service, on 0800 99 1234.
More information is also available via the following link.