The Department for Work and Pensions (DWP) has issued a fresh warning as people are missing out on around £3,500 a year each.
The government department is responsible for distributing benefits and pensions, as well as the Cost of Living payments. On Sunday, a tweet from the DWP's official account urged people to check if they are eligible for financial support worth thousands of pounds.
It said: "If you qualify for #PensionCredit you could be on average £3,500 a year better off".
READ MORE: DWP responds to calls for Basic State Pension increase for 9m people
Pension Credit is a tax-free payment for those who have reached State Pension age and live in the UK. The payment tops up weekly income to a guaranteed minimum level, and as of April 2023, this is now £201.05 for single pensioners, or £306.85 for couples.
"Income" includes:
- State Pension
- other pensions
- earnings from employment and self-employment
- most social security benefits, for example Carer’s Allowance
You may still be eligible for Pension Credit if you have not paid National Insurance contributions, have some savings or a small pension, live with your grown-up family, and/or own your own home.
DWP has previously said there are common misconceptions that may be putting people off applying for Pension Credit. Gov.uk clarifies that people of State Pension age may be entitled to Pension Credit even though they may have modest savings, or a retirement income or own their own home.
It adds: "An award of Pension Credit can provide access to a range of other benefits such as help with housing costs, council tax, heating bills and for those aged 75 or over, a free TV licence".
To find out more about Pension Credit eligibility, or to apply, click here or call 0800 991 234.
Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here
READ NEXT:
Millions of dog owners given warning that could save pets' lives
Dr Michael Mosley shares top foods to improve sleep and weight loss
Matalan fans say 'elegant' £22.50 dress is 'perfect for a wedding'
I'm a Celebrity... South Africa to return to ITV next week after fans complain
Married at First Sight Australia star Evelyn was on Big Brother UK in a chaotic appearance
