What is Pension Credit and am I eligible? Guidelines and rights explained

Are you eligible for the pension credit? Millions of Brits are skipping the financial plan that could see them earn an extra £270 a week – here’s everything you need to know

Millions of pensioners could receive an extra £270 a week from the government

Pension Credit is a financial scheme that gives people over 66 and on low incomes an extra helping hand with cash, bolstering millions of retirement pensions.

The program was designed to cover living expenses, but can also help with anything from ground rent to service fees.

Apart from a state pension, people can receive a pension credit even if they have other forms of income, additional savings or their own property.

With the cost of living soaring and the DWP urging people to come forward and demand their support, here’s everything you need to know about the program…

Who is entitled to the pension credit?

As people feel the pinch up and down the country, pension credit could provide much-needed support for many retirees


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1.5 million households across the UK receive pension credit, but the Mirror reported that a million eligible claimants had still not applied for the aid.

The program may be particularly useful for caregivers, caregivers, or people with disabilities.

If you are applying for pension credit, you must include your partner’s situation in your application.

You will be eligible for assistance if:

  • you and your partner are both of legal retirement age (66 or older)
  • one of you receives housing benefit for people over state retirement age

If you have less than 10,000 savings, your pension credit will not be affected, but if your savings exceed this threshold, the aid will be deducted accordingly.

How much could I get?

Pension credit takes your income and relationship status into account when calculating your child support. If you have a partner, your income is calculated as one.

Recharge of the pension credit:

  • your weekly income at £177.10 if you are single
  • your joint weekly income at £270.30 if you have a partner

However, from April this will increase to £182.60 and £278.70.

“Income” includes:

  • State pension
  • other retreats
  • income from employment and self-employment
  • most social security benefits, e.g. care allowance

The pension credit should increase in April 2022


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If you are severely disabled you could get an extra £67.30 per week if you get one of the following:

  • Attendance allowance
  • the average or highest rate of the care component of the Disability Living Allowance (DLA)
  • the daily living component of the Payment for Personal Independence (PIP)
  • Armed Forces Independence Payment

Additionally, carers can receive an additional £37.70 per week, and those caring for young children will be entitled to an additional £54.60 each week.

The government offers a handy pension credit calculator to help you figure out how much you can get.

How can I apply for a pension credit?

You can start your claim for pension credit up to four months before you reach the statutory retirement age.

The DWP has a Pension Credit Toolkit that includes a quick guide to help you through your application process.

When registering, you will need:

  • your national insurance number
  • information about your income, savings and investments
  • your bank details

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