Pension Credit

E58660

Pension Credit is a UK means-tested benefit that tops up the income of low-income pensioners to help ensure a minimum standard of living in retirement.


Statements (49)
Predicate Object
instanceOf UK social security benefit
means-tested benefit
adjustedFor carer responsibilities
certain housing costs
partner in the household
severe disability
administeredBy Department for Work and Pensions
administeredThrough The Pension Service
affectedBy earnings
occupational pensions
other social security benefits
personal pensions
applicationMethod online
post
telephone
benefitType income-related benefit
canIncrease eligibility for Cold Weather Payments
eligibility for free TV licence for over-75s
eligibility for help with NHS dental treatment
eligibility for help with glasses and travel to hospital
entitlement to Council Tax Reduction
entitlement to Housing Benefit
country United Kingdom
eligibilityCriterion available to people living in Great Britain
capital and savings above certain thresholds may reduce entitlement
claimant must be over State Pension age
means-tested on household income
guaranteesMinimumIncome standard minimum guarantee level set by UK Government
hasComponent Guarantee Credit
Savings Credit
introducedBy UK Government
introducedInYear 2003
jurisdiction England
Scotland
Wales
legislatedBy State Pension Credit Act 2002
linkedTo State Pension age
paymentFrequency weekly
paymentMethod paid into bank or building society account
policyArea pensions
social security
policyGoal reduction of pensioner poverty
purpose to help ensure a minimum standard of living in retirement
to top up the income of low-income pensioners
replaced Minimum Income Guarantee for pensioners
shortName PC
targetGroup low-income pensioners
pensioner households
taxStatus not taxable

Referenced by (5)
Subject (surface form when different) Predicate
Carer’s Allowance
interactionWith
Pension Credit ("State Pension Credit Act 2002")
legislatedBy
Cold Weather Payment
relatedTo
National Assistance Act 1948 ("Supplementary Benefit scheme")
replacedBy
Department for Work and Pensions
responsibleFor

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