The pension credit is designed to help low-income retirees with a valuable financial supplement, but it has been significantly under-claimed. Therefore, the Department for Work and Pensions (DWP) has taken action with its Pension Credit Awareness Day, designed to draw attention to eligibility. Claims for the pension credit have increasedRead More →

Money-saving expert Martin Lewis explained the main benefits of pension credit and how Britons could get support. It comes as the Department for Work and Pensions (DWP) celebrates Pension Credit Action Day. It is part of a new advertising campaign aimed at encouraging increased take-up of the benefit among pensioners.Read More →

Department for Work and Pensions (DWP) benefit claimants were underpaid by around £2.6billion in the 2021/22 financial year, according to new reports. Additionally, others claiming benefits from the UK government department have been overpaid by an estimated £8.6billion collectively. As The Mirror reports, it is the result of mistakes madeRead More →

The pension credit is separate from the state pension, which is automatically paid to Britons once they reach statutory retirement age. The extra cash helps cover living costs and has become increasingly important in recent months as energy bills and inflation continue to soar. Are you entitled to pension credit?Read More →

More than 1,000 Ukrainian refugees over retirement age who are eligible for this financial assistance are benefiting from it. The payment is designed to support low-income people with top-ups, as well as open up eligibility for other aid. This includes free TV licenses for over-75s, council tax help and freeRead More →

Pensioners and their loved ones are urged to take up the pension credit, as a new government campaign is launched to help those of retirement age with the cost of living. From this month, advertising for Pension Credit will appear in internet search results and social media, before being extendedRead More →

Despite rising household incomes for retirees, many are still struggling and could benefit from the support provided by Pension Credit. Applicants could get additional income every week. Recent data from the Department for Work and Pensions showed that in 2021 pensioners had an average income of £361 after housing costs,Read More →

Retirees generally turn to the state pension to provide them with financial assistance. However, this is not always the only form of help available. Many retirees might find they qualify for the pension credit, which is designed specifically to help low-income people. The benefit supervised by the Department for WorkRead More →

Written by: Emma Lunn 02/24/2022 Up to 850,000 people eligible for Pension Credit in 2020 did not apply for the benefit, missing an average of £1,900 a year. The figures come from the latest earnings-related benefit figures from the DWP, which found that a third of those eligible for pensionRead More →

Low-income pensioners are missing out on average £1,900 a year by not claiming pension credit, according to the latest government figures. Some 850,000 families are missing out on a total of £1.7billion in financial support. Pension Credit is a benefit paid by the Department for Work and Pensions, which providesRead More →

Pension Credit is a useful tax-free income and savings supplement that opens the door to many other financial benefits. Yet the Department for Work and Pensions says up to a million pensioner households eligible for the credit are not claiming it. In this guide we answer: Pension Credit is aRead More →

Pension Credit payments will increase by 3.1% from April 2022. From April weekly payments will be increased to £182.60 for single claimants, with those in a couple increasing to £278.70 £. “Anyone who thinks they might be eligible for pension credit should contact the DWP. Even if you’ve been turnedRead More →

Who should read All housing allowances (HB) Staff action For information Topic Universal Credit (Persons Having Attained State Pension Credit Eligibility Age) Regulations, 2020 (Amendment) Orientation Manual The information contained in this circular does not affect the content of the HB Orientation manual. Queries Additional copies of this circular /Read More →

Benefit payments confirmed by the DWP will rise 3.1% next year, in line with the Consumer Price Index (CPI). This means that pension credit rates will increase across the board. Pension credit rate Currently, Pension Credit tops up weekly income to £ 177.10 for single applicants or £ 270.30 forRead More →