Pension Credit UK: Eligibility and How to Apply

IIf you are over UK pension age and still working but on low income, you can apply for additional funds to help cover your living expenses. It’s called Pension credit and we’ll detail everything you need to know about this perk in this guide.

How much money do you receive from Pension Credit in the UK?

The idea behind Pension Credit is to ensure that older people earn enough to live on, even if they are still working.

Therefore, The pension credit will “increase” your weekly income up to an amount of 177.10 if you are single or it will “increase” your joint weekly income up to an amount of 270.30 if you have a partner.

Who is eligible for Pension Credit in the UK?

This is one of the most complicated advantages in the UK, because pension credit eligibility may vary from person to person depending on the circumstances. Therefore, it is recommended that you visit UK government websites to verify your specific situation.

The main eligibility criterion, however, is that you must be over the legal retirement age. This also varies from person to person, as the default retirement age of 65 no longer exists.

You must also live in England, Scotland or Wales. If you are from the EU or countries such as Switzerland and Norway, you will also need to prove your settlement or pre-settlement status under the EU settlement scheme.

How do I apply for pension credit in the UK?

It is possible to apply for Pension Credit online, or by telephone by calling 0800 99 1234.

You can even start the application process four months before reaching the legal retirement age.

At the start of the process, you will need your national insurance number, as well as detailed information about your income, savings and investments.