Households across the UK are being urged to act swiftly and claim Pension Credit, a benefit designed to support those of state pension age and on low incomes. The scheme, which can provide more than £3,900 annually, will close to new applicants in just eight days.
The final date for applications is Saturday, December 21, leaving little time for eligible households to take action.
How Pension Credit Can Help Low-Income Households
Pension Credit is a government benefit that helps households on low income by topping up their earnings. The scheme is particularly targeted at individuals of state pension age or older. On average, it offers £75 a week to successful claimants, which translates to over £3,900 a year.
Income Thresholds for Pension Credit Eligibility
Eligibility depends on a household’s weekly income:
- Single households: Weekly income, including pension, must be below £218.50. Pension Credit will top up the amount to this figure.
- Couples (state pension age): Combined weekly income must be below £332.95, with the benefit topping up earnings to this level.
It is estimated that around 880,000 households who qualify for Pension Credit have not yet applied, potentially missing out on crucial financial support.
Additional Financial Aids Unlocked by Claiming Pension Credit
Claiming Pension Credit can unlock further financial aids, including:
Winter Fuel Payment
- Amount: £200–£300 (depending on age).
- Eligibility:
- Born September 23, 1944 – September 22, 1958: £200.
- Born before September 23, 1944: £300.
- Purpose: Aids with heating costs during winter.
Warm Home Discount
- Amount: £150.
- Details: Issued as a discount on electricity bills.
- Eligibility: Households are notified by their energy supplier in January 2025. The discount will automatically be deducted from their bills.
Major Deadline for Winter Fuel Payment
Households must apply for Pension Credit by December 21 to qualify for the Winter Fuel Payment for 2024/25. Missing this deadline could result in the loss of vital support during the colder months.
| Benefit | Amount | Eligibility Details |
|---|---|---|
| Pension Credit (Annual) | £3,900+ | State pension age, low income; income thresholds: £218.50 (single), £332.95 (couples). |
| Winter Fuel Payment | £200–£300 | Born before September 23, 1958; higher payments for older pensioners. |
| Warm Home Discount | £150 (discount) | Eligible energy supplier will deduct directly from electricity bills. |
Act Now to Secure Your Pension Credit Entitlement
Households can apply for Pension Credit online or by phone through GOV.UK or via the Pension Service. With the deadline fast approaching, eligible applicants are encouraged to act immediately to secure their entitlement.
