Pension Credit can boost income by an average of £3,900 each year.
In a bumper pensions checklist in this week’s edition of the MoneySavingExpert.com newsletter, founder Martin Lewis urges nearly one million people over State Pension age to check if they are missing out on a “vital benefit” worth thousands of pounds in additional annual income. The consumer champion said individuals over 66 with a total weekly income under £235 per week, or £350 each week for couples, may be eligible for Pension Credit.
Alternatively, pensioners can contact the Pension Credit helpline directly to make a claim on 0800 99 1234 - lines are open 8am to 6pm, Monday to Friday. Due to the bank holiday on Monday, May 6 all DWP phone lines and offices will be closed, but will reopen on Tuesday. To qualify for Guarantee Pension Credit , you must be State Pension age . Your weekly income will need to be less than the minimum amount the UK Government says you need to live on.
This means they cannot claim Pension Credit or pension age Housing Benefit until they are both State Pension age. Before this DWP change, a mixed age couple could be eligible to claim the more generous State Pension age benefits when just one of them reached State Pension age.You’ll need the same details for your partner if you have one.Once you have answered these questions, a summary screen shows your responses, allowing you to go back and change any answers before submitting.
State Pension Benefits DWP Retirement Personal Finance Cost Of Living Money Worries
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Martin Lewis urges women on State Pension to check for back pay of up to £12,500Historical State Pension errors could see hundreds of thousands of women owed money.
Read more »
Martin Lewis urges people to check for £5,400 State Pension top-up this yearThe consumer champion shares simple steps people on or due to receive the New State Pension can take to boost retirement payments.
Read more »
Martin Lewis issues word of warning to anyone with a private or company pensionThe Money Saving Expert founder has shared how you could make a common mistake in your will when it comes to your pension.
Read more »
Martin Lewis warns anyone with a pension not to 'leave it to your ex'The Money Saving Expert founder is reminding people to tell their pension provider
Read more »
Martin Lewis issues urgent private or company pension warningThe Money Saving Expert founder said it could result in money going to someone you don't want it to
Read more »
Martin Lewis' warning to people with a private or company pensionThe Money Saving Expert founder has issued a warning to anyone with a private or company pension, as you could be accidentally leaving huge sums of cash to an ex-spouse
Read more »