Pension Credit

What is Pension Credit?

Pension Credit is a benefit for people who have reached Pension Credit age and have a low income. Pension Credit age is the same as the current State Pension age for women.

Who can claim

Pension Credit is made up of two different parts:

  • Guarantee Credit
  • Savings Credit.

Guarantee Credit increases your weekly income if it is below a certain amount. You may get extra, higher payments if you are a carer or have a severe disability.

When the Department for Work and Pensions (DWP) is working out whether your income is below a certain amount, it will ignore some of the money you earn. It will ignore:

  • £5 a week for single people
  • £10 a week for couples
  • £20 a week for certain other people, such as those who are severely disabled.

Savings Credit is a weekly payment for people who saved some money towards their retirement (for example in a personal pension).

If you reach State Pension age after 6 April 2016, you may not be able to get the Savings Credit part of Pension Credit. We have more information about the new State Pension.

For more information or to find out the exact date when you can get State Pension and Pension Credit, speak to a welfare rights adviser or visit gov.uk/calculate-state-pension

How much you will get

The rates below show how much Pension Credit pays from April 2016 to April 2017. You could get more if you are a carer, or have a disability.

RateWeekly Guarantee CreditWeekly Savings Credit
Single peopleWhatever amount is needed to increase your weekly income to at least £151.20Up to £14.82
CouplesWhatever amount is needed to increase your weekly income to at least £230.85Up to £17.43

How to apply

Call the Pension Credit claim line on 0800 99 1234, textphone 0800 169 0133 or visit gov.uk/pension-credit

Back to Benefits for people of pension age

State retirement pension

If you have reached state pension age, you are entitled to regular pension payments from the government.