🌟 Important News for UK Pensioners! 🌟
The Department for Work and Pensions (DWP) has shared some good news for those on a low income. Almost 78% of new Pension Credit claims are now being processed within 50 working days, meaning you could see your first payment—and any backdated amounts—by mid-October if you apply now!
Here’s the deal: Pension Credit is often overlooked, but it can add £4,300 a year to your income. Perfect for seniors struggling with rising living costs, this financial boost is worth exploring whether you’re single, married, or living with a partner.
Don’t assume owning a home or having savings disqualifies you. Even if you get a weekly award of just £1, it can unlock more financial help, including for housing costs, heating bills, and Council Tax.
So, who qualifies?
🔹 **Guarantee Credit:** Available if you’ve hit State Pension age (currently 66) and your weekly income is less than £227.10 (single) or £346.60 (couple).
🔹 **Savings Credit:** Offers extra cash depending on your income and savings, mainly if you reached State Pension age before April 6, 2016.
It’s simple to check your eligibility! Use the online Pension Credit calculator to find out how much you could get. Applying is hassle-free and can be done via GOV.UK, through a posted form, or by ringing the claim line.
Why miss out on money you’re entitled to? Take a few minutes to check your eligibility and start your application today! 💷
Stay informed and empower yourself or a loved one by sharing this information. Let’s help our elders make the most of their entitlements. If you want more money-saving tips, look out for newsletters focused on financial well-being.
💬 Spread the word and make sure no one misses out! 💪