Pension Credit is an income-related benefit made up of 2 parts - Guarantee Credit and Savings Credit.
This guide is also available in Welsh (Cymraeg).
Guarantee Credit tops up your weekly income if it’s below £173.75 (for single people) or £265.20 (for couples). You may still be eligible if you have savings, a pension or your own home.
Savings Credit is an extra payment for people who saved some money towards their retirement, for example a pension.
You do not pay tax on Pension Credit.
Use the Pension Credit calculator to work out how much you might get.