A successful new claim for Pension Credit can also unlock help with heating bills, housing costs and Council Tax.
The latest figures from the Office for National Statistics show that in 2021, some 3.3 million people aged 65 years and over were living alone in England and Wales, with around 337,000 single pensioner households recorded in Scotland. Navigating the ongoing cost of living crisis can be challenging for any household, but for older people on their own it’s important that they are claiming all the additional financial support they are entitled to.
Quickest way to check eligibility for Pension Credit Older people, or friends and family, can quickly check their eligibility and get an estimate of what they may receive by using the online Pension Credit calculator on GOV.UK here. Pension Credit in a nutshell Pension Credit gives people extra money to help with their living costs if they are over State Pension age and on a low income. It can also provide access to a range of other benefits.
Top Money Stories Today Who should check for Pension Credit? If you are over 65 and reached State Pension age before April 6, 2016, you could still qualify for Pension Credit if your weekly income is less than:If you qualify for Pension Credit you can also get other help, such as: Top State Pension News How to use the Pension Credit calculator To use the calculator on GOV.UK, you will need details of:You will be presented by a series of questions with multiple choice answer options.Once you have answered these questions, a summary screen shows your responses, allowing you to go back and change any answers before submitting. The Pension Credit calculator then displays how much benefit you could receive each week.
This means you can get up to three months of Pension Credit in your first payment if you were eligible during that time.If you’re backdating your claim, you’ll need details of your income, savings and investments on the date you want your claim to start.
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