Pension credit

Pension Credit is for people who have reached the Pension Credit qualifying age. This is the same as the State Pension age for women. 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 reach £151.20 if you’re single or £230.85 if you’re in a couple.
  • Savings Credit is an extra payment for people who saved some money towards their retirement (for example a personal pension). You may receive up to £14.82 for single people and £17.43 for couples.

People currently over the qualifying age for Pension Credit can also get Housing Benefit and tax credits. However, Universal Credit will replace these benefits once introduced in all areas. Pension Credit will then be changed to include help with housing costs and 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

Pension Credit (Means-tested)

Pension Credit is a benefit for people who have reached the Pension Credit qualifying age and have a low income.

The Pension Credit qualifying 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’s below a certain amount. You may get extra in some circumstances, for example if you’re a carer or have a severe disability.

Some income will not be taken into account:

  • £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 a personal pension).

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

Important changes

Changes to the State Pension will also affect Pension Credit. Most people who reach State Pension age after 6 April 2016 will not be able to get the Savings Credit part of Pension Credit.


How much Pension Credit you’ll get

The rates below show how much Pension Credit pays from April 2015–April 2016. You could receive 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

Changes to Pension Credit

People currently over the qualifying age for Pension Credit can also get Housing Benefit and tax credits. However, Housing Benefit and Child Tax Credit will be replaced once Universal Credit has been introduced in all areas. This may not be until 2017. From this point, Pension Credit will be changed to include help with housing costs and bringing up a child, for those who need it.

How to apply

Call the Pension Service 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.