The UK government has announced that from April 2025, couples eligible for Pension Credit will see their weekly payment increase to £346.60, up from £332.95.
This increase aims to provide additional financial support for pensioners struggling with the rising cost of living, ensuring they can maintain a decent standard of living without financial hardship.
Pension Credit is a lifeline for low-income retirees, offering financial assistance and access to additional benefits such as free NHS prescriptions, housing support, and council tax reductions.
Despite its importance, many pensioners fail to claim this benefit, missing out on valuable support that could significantly improve their quality of life.
Pension Credit Details
| Key Information | Details |
|---|---|
| New Weekly Rate (April 2025) | £346.60 for couples |
| Current Weekly Rate | £332.95 for couples |
| Eligibility Criteria | Must be of State Pension age with a low income |
| Application Methods | Online, phone, or by post |
| Additional Benefits | Housing support, NHS help, free TV license |
| Official Source | Gov.uk Pension Credit |
With the £346.60 Pension Credit increase coming in April 2025, now is the time to check your eligibility. This financial boost can help pensioners manage everyday expenses and unlock extra benefits like healthcare support and housing assistance. Claiming what you’re entitled to can bring financial peace of mind in retirement.
Pension Credit
Pension Credit is a government benefit designed to help low-income pensioners by topping up their income to a guaranteed minimum level. It consists of two parts:
Guarantee Credit
This ensures that pensioners receive a minimum weekly income, helping them cover basic living costs.
Savings Credit
This offers an extra payment for those who have modest savings or additional income, rewarding pensioners who have set aside money for retirement.
Claiming Pension Credit not only boosts income but also opens the door to additional financial help, such as:
- Help with heating costs
- Free NHS services
- Discounted council tax
Since it acts as a gateway benefit, Pension Credit can significantly improve financial security for pensioners.
Who Is Eligible
To qualify for the new £346.60 per week rate, you must meet the following eligibility criteria:
Age Requirement
You must have reached State Pension age, which is currently 66 years (subject to change). Always check government updates for any changes to the pension age.
Income Threshold
Your total weekly income, including pensions, savings, and earnings, must be below the new threshold:
- £201.05 per week for a single person
- £346.60 per week for couples
Even if your income is slightly above the limit, you may still qualify for partial Pension Credit, which can help reduce financial pressure.
Residency Requirement
You must be living in England, Scotland, or Wales. (Northern Ireland has different arrangements—applicants should check their local government website.)
How to Apply
Applying for Pension Credit is simple, and you can start up to four months before reaching State Pension age.
Step-by-Step Guide
Before applying, have the following details ready:
- National Insurance number
- Income, savings, and investment details
- Bank account information
- Proof of identity (e.g., passport or driving license)
Choose Your Application Method
You can apply through:
- Online: Visit the official Pension Credit website on Gov.uk
- Phone: Call the Pension Credit claim line at 0800 99 1234
- By Post: Download and complete a form from the Gov.uk website and send it to the provided address
Receive Confirmation
Once your application is processed, you will receive a decision letter confirming your entitlement and outlining next steps.
Benefits
Pension Credit provides access to a range of financial and social benefits, including:
Financial Assistance
- Guaranteed Income: Ensures pensioners receive a minimum weekly income
- Savings Credit: Offers extra money if you have savings, encouraging financial responsibility
Health Benefits
- Free NHS prescriptions, dental treatment, and eye tests
- Help with hospital transport costs, reducing healthcare expenses
Housing and Living Support
- Council tax reduction (up to 100%)
- Help with rent payments and heating bills, easing financial burdens
Free TV License
- Pensioners aged 75 and over can apply for a free TV license, ensuring access to entertainment and news
Pension Credit is more than just extra money—it provides essential support to help pensioners live comfortably and stress-free in retirement. If you think you might be eligible, apply today and make the most of the benefits available to you.
FAQs
What is the new Pension Credit rate for couples?
From April 2025, couples will receive £346.60 per week.
Who qualifies for Pension Credit?
Anyone of State Pension age with a low income may qualify.
Can I apply for Pension Credit online?
Yes, applications can be submitted online via Gov.uk.
What other benefits come with Pension Credit?
It includes NHS support, council tax reduction, and a free TV license.
How do I check if I’m eligible?
Visit Gov.uk or call the Pension Credit claim line at 0800 99 1234.
