Around 850,000 eligible households have yet to apply for Pension Credit, meaning that eligible individuals are potentially missing out on an average of £3,500 annually
Apart from providing extra cash, Pension Credit can also give you money off essential bills and housing costs. One notable benefit is the potential for discounted council tax, a vital expense for many.
Moreover, Pension Credit recipients may enjoy benefits such as a free TV license if they're over 75, the Warm Home Discount worth £150 annually, Cold Weather Payments, Housing Benefit, and vouchers for dental treatment as well as glasses or contact lenses. Access to cheaper"social" broadband tariffs and the possibility of future cost of living payments further demonstrate the multifaceted advantages of claiming Pension Credit.
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Older people living on their own could be due £3,500 income top-up this yearPension Credit can also unlock additional financial support for housing costs, Council Tax and heating bills.
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