Pension Credit rates will rise this year, but millions will miss out – are you eligible? | Personal finance | Finance

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 turned down in the past, a change in circumstances may mean you’re now eligible, so it’s worth checking.”

To be eligible for pension credit, claimants must live in England, Scotland or Wales and be of statutory retirement age.

Applicants who have a partner must also include their contact details in the application.

Applicants will be eligible if they and their partner have both reached the legal retirement age or if one of them is in receipt of housing benefit for people over the legal retirement age.

A partner can be a husband, wife, civil partner or someone they live with as a couple.

When a person claims a pension credit, their income is calculated.

If they have a partner, their earnings will be calculated together.

Currently, the pension credit will increase weekly income to £177.10 for single claimants, or £270.30 for partners.

If an applicant’s income is above these levels, they may still be able to get a pension credit if they have a disability, are caring for someone, have savings or specific housing costs.

Claims for pension credit can be made up to four months before a person reaches the legal retirement age.

They can also apply at any time after reaching the legal retirement age, but applications can only be backdated by a maximum of three months.

When applying, applicants will be required to provide details of their National Insurance number(s), information on their income levels and expenses.

Applications are made online via the government website, by phone or by post.