{"id":10670,"date":"2024-12-11T17:25:16","date_gmt":"2024-12-11T17:25:16","guid":{"rendered":"https:\/\/en.econostrum.info\/?p=10670"},"modified":"2024-12-11T17:25:16","modified_gmt":"2024-12-11T17:25:16","slug":"pension-credit-state-pensioners-urged-claim-dwp","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/pension-credit-state-pensioners-urged-claim-dwp\/","title":{"rendered":"Pension Credit : Thousands of State Pensioners Urged to Claim Generous DWP Benefit Worth up to \u00a310,000"},"content":{"rendered":"

Around 850,000<\/strong> eligible pensioners<\/strong> are missing out on Pension Credit<\/strong>, a vital financial support benefit that could provide up to \u00a310,000<\/strong> annually. This under-claimed means-tested<\/strong> benefit is administered by the Department for Work and Pensions<\/strong> (DWP<\/strong>) and is designed to help older Britons<\/strong> with low incomes<\/strong>.<\/p>\n

Currently, an estimated \u00a31.7 billion<\/strong> remains unclaimed every year, with many not taking advantage of the substantial financial assistance available. The Pension Credit<\/strong> can significantly increase a pensioner’s annual income, especially those living on the state pension<\/strong>.<\/p>\n

What is Pension Credit and Who Qualifies?<\/h2>\n

Pension Credit<\/strong> is a means-tested benefit<\/strong> aimed at supporting pensioners on low incomes by boosting their retirement income. It is administered by the Department for Work and Pensions (DWP)<\/strong> and provides financial relief to older Britons who qualify. Despite its significance, many pensioners remain unaware of their eligibility, with \u00a31.7 billion in potential benefits going unclaimed annually. By meeting specific income criteria, pensioners can access this program and enjoy additional support to manage everyday costs and improve their financial stability.<\/p>\n

Pension Credit<\/strong> consists of two parts :<\/p>\n