Nearly 900,000 pensioners in the UK are failing to claim Pension Credit, a vital benefit worth an average of £4,300 per year, according to the latest government figures.
Pension Credit is designed for people who have reached state pension age and are on a low income. The main part, Guarantee Credit, tops up weekly income to £238 for single claimants and £363.25 for couples. Eligibility typically requires income below these thresholds, though exceptions exist for those with severe disabilities, caring responsibilities, or housing costs.
Claimants may also receive extra amounts if they are carers, severely disabled, or responsible for a child or young person. Those who reached state pension age before 6 April 2016 could qualify for Savings Credit, worth £17.96 per week for singles and £20.10 for couples. Savings under £10,000 do not affect entitlement; above that, each £500 counts as £1 of weekly income.
Beyond the cash boost, Pension Credit unlocks other support such as free NHS dental treatment, vouchers for glasses or contact lenses, and a free TV licence for those aged 75 or over. The benefit is administered by the Department for Work and Pensions (DWP).
Eligible individuals can apply online via GOV.UK, by calling 0800 99 1234, or by submitting a paper form. Applications can be made up to four months before reaching state pension age. Required details include National Insurance number, bank account information, and details of income, savings, and pensions.
