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 →

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 →

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 →

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 →

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 →

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 →

You must live in England, Scotland or Wales and be of statutory retirement age to be eligible for pension credit. If you are from the EU, Switzerland, Norway, Iceland or Liechtenstein, you and your family usually also need settlement or pre-settlement status under the settlement program of the EU toRead More →