www.PensionAge.co.uk - PENSION CREDIT

Call 0845 99 1234 and make an application for pension credit

If you're aged 60 or over you may be entitled to Pension Credit - extra money each week. It's made up of two elements - the 'Guarantee Credit' element and the 'Savings Credit' element (which may be payable from age 65).

Who is eligible?

If you're aged 60 or above

If you're aged 60 or above, or within four months of your 60th birthday, and living in Great Britain, you may be entitled to the 'Guarantee Credit' element (which guarantees a minimum income if you're on a low income) if either of the following applies to you:

you're single and your weekly income is below £124.05
you have a partner or civil partner and your joint weekly income is below £189.35

But you might get more Pension Credit if you have caring responsibilities, are severely disabled or have certain housing costs.

If you are aged 65 and above

If you or your partner are aged 65 or over, you may be entitled to the guarantee credit, the savings credit or both.

The savings credit is a maximum:

£19.71 a week if you're single
£26.13 a week if you have a partner

For more details Call 0800 99 1234 Pension Credit helpline

or textphone 0800 169 0133, open 8.00 am to 8.00 pm Monday to Friday and 9.00 am to 1.00 pm on Saturday.

What counts as income?

Income that's taken into account includes:

Earnings after tax and expenses from employment or self-employment, less half of any occupational or personal pension contribution you make
An 'assumed income' of £1 a week for every £500 (or part of £500) of 'capital' you have over £6,000 or over £10,000 if you live permanently in a care home (capital includes savings and investments, life insurance policies, and property that's not your main home)
Working Tax Credit
Most social security benefits like Carer's Allowance

Income that's ignored includes.......

Attendance Allowance
Child Tax Credit
Christmas Bonus
Exceptionally Severe Disablement Allowance
War Widow's Supplementary Pension

To get complete lists, you can call 0845 99 1234 and ask the Pension Service.

How much do you get?

Age 60 and above - Guarantee Credit element

If you're single, you’ll get the difference between £124.05 and your total weekly income if it's less than this.

If you live with a partner or civil partner, you’ll get the difference between £189.35 and your joint total weekly income if it's less than this.

But you may get more money if you have caring responsibilities, are severely disabled or have certain housing costs.

If you're getting Pension Credit you may also qualify for:

Housing Benefit
Council Tax Benefit
Cold Weather Payment
Funeral Payments
Community Care Grant
Budgeting Loans
Crisis Loans
Winter Fuel Payments
Sure Start Maternity Grant
free school meals

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