YOU may be needing to tighten your purse strings a little at the moment, but the good news is that you or a loved one could be entitled to Pension Credit.
If you’re a pensioner, you might be missing out on extra financial support that could make a big difference to your household budget.
It’s called Pension Credit and it’s a top-up for anyone who’s reached state pension age and is on a low income. And the good news is it’s worth on average £3,500 a year – now wouldn’t that come in handy?
Even better, it only takes a few minutes to check whether you’re eligible*, and a successful application will also entitle you to additional cost of living payments.
Just as important, however much you get in Pension Credit, it acts as a gateway to other types of support, such as help towards housing costs, Council Tax and heating bills.
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Nearly 1.5 million pensioners already get Pension Credit, but up to an estimated 850,000 households are not claiming when they could be.
Are you one of them? Or do you know someone who might be?
This pot of money is out there, just waiting to be claimed, and it’s quick and easy to check your eligibility via the calculator here.
Then you can apply online, by phone (on 0800 99 1234) or by post.
Are you eligible?
So, who can claim? You could be eligible for Pension Credit if your weekly income is below £201.05 if you’re single, or £306.85 if you live with a partner.
But you might still qualify even if you have more money coming in or you have a severe disability or caring responsibilities, so do check if you are unsure.
If you get Pension Credit, you will automatically get the cost of living payments, and with money being so tight, that’s got to be worth a look. So, what are you waiting for? Get checking for yourself or someone you know right now!
You could be eligible for Pension Credit if your weekly income is below £201.05 if you’re single or £306.85 if you have a partner. Could you, or someone you know, be eligible for Pension Credit? Find out here
