Pension Credit

Useful areas

Am I entitled to Pension Credit?

Pension Credit is an entitlement for people aged 60 or over living in Great Britain. To find out if you might be entitled to Pension Credit, you need to add up your weekly net income (after deductions) and savings.

Your income

We only count certain types of income when we work out your Pension Credit. These types include:

 pensions (including State Pension, a work pension or a personal pension):
 blue dot certain benefits (for example, Carer's Allowance and Bereavement Benefit); and
 earnings from a job.

Types of income that are not counted include:

 blue dot Attendance Allowance
 Disability Living Allowance;
  Housing Benefit; and
 Council Tax Benefit

Your savings

When working out the amount of Pension Credit you might get, we don't need to know about any interests or dividends you get from your savings. Instead, we look at the amount of savings you have and count £1 a week as income for every £500 or part of £500 over £6,000. (This figure is over £10,000 if you live permanently in a care home).

 The savings and investments we take into account include:
 Money in a bank, building society or post office account;
 National Savings Certificates;
 blue dot Premium Bonds
 Investments like ISAa, PEPs and TESSAs;
 An income bond, capital bond or granny bond;
 Shares or unit trusts; and
 Property and land (but not including the place where you normally live).

Remember: living with your grown up family does not mean that you cannot get Pension Credit. We look at your income – not theirs.

Also, owning your own home does not mean that you cannot apply. If your application for Pension Credit is successful, it may mean that you get help with Council Tax as well.

Payments from friends, family and charities are ignored when we assess your income.

Even if you are only awarded a small amount it may mean that you can get help with other things such as Housing Benefit and Council Tax Benefit.

Finding out more

More information for people aged 60 to 64.

More information for people aged 65 or over.

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