Did you know that up to £2.5 billon of available Pension Credit has been unclaimed?

Published on 16th December 2021

Did you know that up to £2.5 billon of available Pension Credit has been unclaimed?

We are encouraging pensioners to find out about the Pension Credit they may be missing out on.

Pension Credit means that people need not live on less than £173.75 a week for single people or £265.20 for couples. On top of that, people might also get help with their rent and reduction in their council tax or even extra cash for caring for someone.

What’s more if they reached State Pension Age before 6th April 2016 they may be entitled to extra money if they have made some provision towards their retirement such as savings or a private pension. This is called the Savings Credit and could be up to £13.97 for a single person or £15.62 for a couple.

Lots of people could be missing out on Pension Credit because they wrongly think it isn’t meant for them. You might still get extra money even if you own your home or have some savings.

Just take a look at the online calculator to find out what you might get by visiting GOV.UK or by clicking on the link below.

https://www.gov.uk/check-state-pension

If you need any further help or advice our Financial Inclusion Team offers a free confidential benefits and money advice service to all of our customers. Give the team a call today on 01361 884000 or if you prefer you can email info@berwickshirehousing.org.uk

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