Wirral MP asks: "Could you be entitled to Pension Credit?" :

Wirral MP asks: "Could you be entitled to Pension Credit?"


The income-related benefit is made up of two parts: ‘Guarantee Credit’ and ‘Savings Credit’.
The Government's website states that Guarantee Credit tops up your weekly income if it is below £173.75 (for single people) or £265.20 (for couples). You may still be eligible if you have savings, a pension or your own home.
Savings Credit is an extra payment for people who saved some money towards their retirement, for example a pension.
The charity Independent Age estimates that 1,302 households in Wirral West were missing out on an estimated £2.9 million in unclaimed Pension Credit in 2018-19.
If you are in receipt of the Guarantee Credit element of Pension Credit, you may also qualify for a £140 Warm Home Discount.

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