We are currently updating our financial information following the March 2015 budget announcement. For the most up-to-date information, please contact us on 0808 808 00 00.
Pension Credit is for people who have reached State Pension age. You can claim Pension Credit if you’re working. However, it is means-tested and the amount you earn will affect how much you get.
Pension Credit is made up of two parts:
- Guarantee Credit tops up your weekly income to at least £151.20 if you’re single or £230.85 if you’re in a couple.
- Savings Credit can increase your weekly income if your income is above the basic State Pension level. You may receive up to £16.80 for single people and £20.70 for couples.
There are changes planned to Pension Credit:
- Changes to the State Pension will also affect Pension Credit. If you reach State Pension age after 6 April 2016, you may not be able to get the Savings Credit part of Pension Credit.
- At some point Pension Credit will be changed to include help with housing costs and those bringing up a child, for those who need it.
Speak to a welfare rights adviser to find out more or call the Pension Service to apply on 0800 99 1234, textphone 0800 169 0133, or visit gov.uk/pension-credit