The Pension Credit provides a weekly top-up to low-income retirees who qualify for it, but many people who could get help through Department for Work and Pensions (DWP) benefits do not apply for it. Pensions Minister Guy Opperman has urged pensioners to check whether they qualify for any form of pension credit.
The pension credit can be worth over £3,300 a year for those who claim it.
Claims for the pension credit have increased by 30% in 2021 compared to 2019, but many people are still not applying and therefore could miss vital support.
Pensions Minister Guy Opperman said: “We recognize the challenges some pensioners will face with the cost of living and want to ensure they receive all the help possible.
“That’s why we continue to promote Pension Credit to retirees, while calling on all retired family members, friends and loved ones to encourage them to check if they are eligible and to apply if they do. they’re doing it.”
The DWP has developed a myth-busting fact sheet to help people understand how to apply for pension credit and what they might get.
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Can people with savings and their own accommodation still benefit from the pension credit?
“You may still be eligible for pension credit even if you have savings or own your own home.
“The amount of pension credit you might get is based on what other income you receive and what savings you have.
“Owning your own home won’t affect your eligibility – you may even be able to get help with interest payments on your mortgage if you own the property you live in.”
If someone has already applied for a pension credit and it was denied, is it worth applying again?
“Certainly – if your circumstances have changed since the last time you applied, especially if it was a while ago, then it’s worth checking to see if you might now be eligible.
“Check out the online pension credit calculator and find out if you could qualify today.”
How to apply and is it complicated?
“The complaint is simple. And if you need extra support, a friend, family member and voluntary organizations like Citizens Advice and Age UK can help you make a claim.
“You can apply for the pension credit:
- Online at www.gov.uk/pension-credit/how-to-claim.
- By phone by calling 0800 99 1234.
- By printing and completing a paper application form.
“To make a claim, all you will need is your:
- national insurance number
- bank account details
- Information about your income, savings and investments
- The freephone number 0800 99 1234 is available Monday to Friday from 8 a.m. to 6 p.m.