Thousands of pensioners across the UK are missing out on vital financial support that could ease the burden of rising living costs. The Department for Work and Pensions (DWP) is offering up to £4,200 per year or approximately £80 per week through Pension Credit, a benefit designed to help low-income pensioners.

Despite its importance, it’s estimated that around 850,000 eligible individuals are not claiming what they are entitled to. If you or someone you know is over the State Pension age, now is the time to check eligibility and apply.

What is Pension Credit?

Pension Credit is a means-tested benefit for people who have reached State Pension age and are living on a low income. It is designed to top up weekly income to a minimum threshold and can also unlock other financial perks.

There are two parts to Pension Credit:

• Guarantee Credit: This tops up your weekly income to a minimum level.
• Savings Credit: An extra payment for those who have saved some money towards their retirement, such as through a private pension.

How Much Could You Receive?

If you qualify for Guarantee Credit, the current thresholds (as of April 2025) are:

• £218.15 per week for single pensioners
• £332.95 per week for couples

If your income is below these amounts, your income can be topped up to the threshold. Over the course of a year, this amounts to over £4,200, which can significantly improve financial stability for eligible individuals.

In addition to the core payments, those receiving Pension Credit may also be eligible for:

• Free TV licences (for over-75s)
• Council Tax reductions
• Warm Home Discount Scheme
• Housing Benefit (for renters)
• Help with NHS costs such as dental treatment and glasses

Eligibility Criteria

To be eligible for Pension Credit, you must:

• Have reached State Pension age
• Live in the UK
• Have a weekly income below the thresholds mentioned above

Savings and investments over £10,000 may affect the amount you receive, but they do not automatically disqualify you.

Even if your income is slightly higher, you might still qualify due to specific circumstances such as:

• Disability
• Caring responsibilities
• High housing costs

You can quickly check your eligibility using the Pension Credit calculator provided by the government.

Why Are So Many Missing Out?

Many pensioners don’t realise they qualify. Some assume they have too much in savings or that their income is slightly too high. In other cases, pride or a lack of awareness discourages applications.

The DWP and various charities, including Age UK, urge pensioners to check their eligibility regardless of assumptions. A short application could lead to thousands of pounds in financial support each year.

How to Apply

There are three ways to apply for Pension Credit:

1. Online

Visit the government website to apply:
Apply for Pension Credit

2. By Phone

Call the Pension Credit claim line:
0800 99 1234
Available Monday to Friday, 8 AM to 6 PM.

You’ll need the following information:

• National Insurance number
• Bank account details
• Information about income, savings, and investments
• Details of any housing costs (like rent or service charges)

3. By Post

Download and complete the application form, then send it to:
Freepost DWP PENSION SERVICE 3
(No stamp required)

Backdated Payments

Claims can be backdated by up to three months, provided you were eligible during that time. This means you could receive a lump sum payment worth up to £1,000 in addition to ongoing weekly support.

Final Thoughts

In a time of rising energy bills and inflation, every pound matters and Pension Credit could offer much-needed relief. Whether for yourself or a loved one, it’s worth taking just a few minutes to check eligibility and claim what you’re entitled to.

Don’t leave money on the table visit gov.uk/pension-credit or call 0800 99 1234 to start the process today.

(FAQ,s)

I have some savings. Can I still claim Pension Credit?

Yes. Having savings or a small private pension does not automatically disqualify you. Only savings above £10,000 may reduce the amount you receive.

Is Pension Credit only for people who are retired?

It’s for people who have reached State Pension age, regardless of whether they have officially retired.

Can couples apply?

Yes. Couples are assessed together, and the income threshold is higher currently £332.95 per week.

What other benefits can Pension Credit unlock?

Eligible recipients may get free TV licences, Council Tax reductions, help with NHS costs, and access to the Warm Home Discount.

Can I apply on behalf of someone else?

Yes, a family member, carer, or trusted person can help complete the application if the pensioner gives permission.