New Delhi: Digital Life Certificate (Jeevan Pramaan) is a digital biometric service for retirees. Central or state government retirees, the employee provident fund organization or any other government organization whose pension disbursement agency is active for the DLC can benefit from this facility. For the convenience of EPFO ​​35 lakhRead More →

Integrity Photos IncGetty Images “What is the pension credit? Is searched 9.3,000 times per month, making it the most asked pension question in the UK, according to Profile Pensions, The pension credit is a weekly ‘top-up’ benefit for people who have reached retirement age and have low incomes. It isRead More →

The pension credit was pushed by the DWP today as applicants were reminded that they could receive additional help with their energy bills. That direction came when it emerged that SSE, Ovo Energy, Scottish Power and E.On were all set to increase their prices from October 1. A full listRead More →

Retirement income problems have been prevalent for a number of years as large swaths of the retired population struggle to cope. This problem was recently highlighted once again by Age UK, the UK’s leading charity for older people. “Official figures show that a third of Asian older people (33%) andRead More →

Pension Credit is a government benefit that supplements the weekly income of eligible claimants. Applying for a pension credit can also help people access additional support, like cold weather payments. According to MoneySavingExpert, pension credit can be worth up to £3,000 a year on average. In the latest money adviceRead More →

State pension payments can provide significant financial assistance, however, some Britons may even be eligible to receive additional sums of money. One payment that could be particularly useful for those who have reached retirement age is the pension credit, designed to provide a “top-up” to retirees. The sum is dividedRead More →

The subject of the pension credit, a means-tested benefit that consists of two parts, the savings credit and the guarantee credit, was discussed on Monday during questions on real work and pensions in the House of Commons. communes. MPs posed questions to Work and Pensions Secretary Therese Coffey and herRead More →

State pension payments will increase each year by the higher of 2.5% inflation figures or average incomes and these measures are taken throughout the year. For the current year inflation and income growth have been, understandably, low, and as such, it has been confirmed that payments will increase by 2.5%Read More →

If you’re looking for extra money in retirement, as unfortunately too many retirees are, it’s worth checking that you’re claiming all the state benefits you’re entitled to. Surprisingly, millions of low-income retirees are not claiming maximum government support, often because they don’t know what is available. The pension credit isRead More →

More than a third (40%) of those eligible for Pension Credit have not claimed the benefit, with up to £2.5billion unclaimed, new government statistics have revealed. New statistics from the Department for Work and Pensions (DWP) have shown that 30% of available credit goes unclaimed, with families who qualify butRead More →

Almost half (46 percent) of eligible retired homeowners claim no state benefits, according to Just Group ‘s tenth annual state benefit survey. Research suggests they could run out on average £ 1,423 per year per household. Another two in 10 people (18%) claim state benefits but receive too little, accordingRead More →

The increase in the money available to grieving families to help cover the costs of the funeral was announced by the Minister of Social Delivery on Saturday. This is in addition to existing payments to help pay for funeral necessities, such as burial or cremation costs. According to the DepartmentRead More →

The pension credit was introduced in 2003 to financially help Britons reach retirement age. The plan is income-linked and helps low-income people with additional payments. But many don’t realize how much they’re entitled to, and with the upcoming changes to pension credit, you might be missing out. What is theRead More →

Figures in this release relate to England, Scotland and Wales. Policy background and introduction 1. A “mixed age” couple is a couple where one member is above and the other is below the minimum age for pension credit eligibility[footnote 1]. 2. The pension credit is intended to provide long-term supportRead More →