Martin Lewis is urging 800,000 people over State Pension age on a low income to check if they are due a massive income boost simply by claiming a UK Government gateway benefit. Pension Credit currently provides around 1.4 million people across Great Britain, including 127, 288 living in Scotland, with an average top-up of £3,500 each year.
But he also warned people not to be put off if the cash value of the benefit is only a few pence as entitlement “opens up a massive door” to Council Tax reductions, help with housing and heating costs and the remaining £599 cost of living payments for those on means-tested benefits, including Pension Credit.
The founder of MoneySavingExpert.com also shared his “rough rule of thumb” on whether or not you - or someone you know- should check for Pension Credit. Top Money Stories Today Pension Credit tops up a person's income to a minimum of £201.05 per week for single pensioners and to £306.85 for couples or more if a person has a disability or caring responsibilities.
These figures are from DWP and higher than those given by Martin Lewis, possibly due to the annual uprating in April, which saw the Pension Credit threshold increase by 10.1 per cent.If you qualify for Pension Credit you can also get other help, such as: All you have to do then is follow the link to the application page to find out exactly what you will get from the DWP, including access to other financial support.
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