{"id":100018,"date":"2024-12-20T17:47:19","date_gmt":"2024-12-20T17:47:19","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=100018"},"modified":"2024-12-20T17:47:21","modified_gmt":"2024-12-20T17:47:21","slug":"households-free-tv-licences-pension-credit","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/households-free-tv-licences-pension-credit\/","title":{"rendered":"Over 42,500 Households to Receive Free TV Licences Thanks to Pension Credit Benefits"},"content":{"rendered":"\n

The Department for Work and Pensions (DWP)<\/strong> has issued an important update about free TV licences<\/strong> for pensioners in the UK. As of the latest figures, over 42,500 households<\/strong> are now eligible to receive a free TV licence<\/strong>, thanks to their claim for Pension Credit<\/strong>. This benefit, amounting to \u00a33,900<\/strong> annually, provides qualifying individuals access to various forms of support, including the BBC\u2019s free licence for over-75s.<\/p>\n\n\n\n

Pension Credit : A Crucial Benefit for Pensioners<\/h2>\n\n\n\n

Pension Credit<\/strong> is a key benefit for pensioners, providing additional financial support to those in need. The benefit has two main components: Guarantee Credit<\/strong> and Savings Credit<\/strong>. Guarantee Credit<\/strong> ensures a minimum income level, while Savings Credit<\/strong> offers extra support to those with additional savings or income.<\/p>\n\n\n\n

For the 2024\/25<\/strong> period, Guarantee Credit<\/strong> is set at:<\/p>\n\n\n\n