Pension Credit


Guarantee Credit

To qualify for Guarantee Credit:

The qualifying age for Pension Credit is gradually going up to 66 in line with the increase in the State Pension age for women to 65 and the further increase to 66 for men and women.

The rules are different in Northern Ireland.

Savings Credit

To qualify for the extra Savings Credit you or your partner must be 65 or over.

You’re treated as a couple if you live with your husband, wife or partner. You do not have to be married or in a civil partnership.

You can still apply for Savings Credit after 6 April 2016 if you reached State Pension age before that date.

If you reached State Pension age on or after 6 April 2016

Most people who reached State Pension age on or after 6 April 2016 will not be eligible for Savings Credit. But you may continue to get Savings Credit if both of the following apply:

  • you’re in a couple and one of you reached State Pension age before 6 April 2016
  • you were getting Savings Credit up to 6 April 2016

If you stop being eligible for Savings Credit for any reason, you will not be able to get it again.

Working out your income

When you apply for Pension Credit your income is worked out. This includes:

  • State Pension
  • other pensions
  • most social security benefits, for example Carer’s Allowance
  • savings, investments over £10,000 - for these £1 is counted for every £500 or part £500
  • earnings

If you’re entitled to a private or workplace pension, the amount you’d expect to get is calculated as income from the date you were able to get it, if you had claimed it.

You will not get the benefit of deferring your State Pension if you or your partner are on Pension Credit, for example you will not build up extra State Pension or a lump sum for deferring your State Pension. When working out if you can get Pension Credit, the income you’d get from your State Pension is included whether you’re claiming it or not.

The calculation does not include:

  • Attendance Allowance
  • Christmas Bonus 
  • Disability Living Allowance
  • Personal Independence Payment
  • Housing Benefit
  • Council Tax Reduction

If you’re registered for Self Assessment, you must tell the Pension Service how much Income Tax you expect to pay for the current tax year - this affects how much Pension Credit you’ll get.

Pension Credit if you move abroad

You cannot get Pension Credit if you move abroad permanently.