The UK Government offers Pension Credit to persons who meet the State Pension Age limit & have low income in the country. these credits are given every four weeks directly into the recipient’s bank, credit union account, or building society. If the payment date occurs on a bank holiday or weekend, then the UK Pension Credit September 2024 will be paid on the business day before instead. In this article, we have provided the necessary info for the Pension Credit News in September 2024 including its eligibility, payment amount, and way to claim for it.
Pension Credit News September 2024
Around 1.4 million pensioners are getting the benefit from the Pension Credit. 880,000 eligible households are yet to claim the support. This credit helps you with additional money to help you with your living costs if you have a low income and are above the State Pension age. It can also help you with your housing costs as service charges or ground rent.
You may be entitled to receive additional help if you are severely disabled, carer, or accountable for a young or child person. Remember Pension Credit is distinct from the State Pension. If you and your partner are applying for the Pension Credit, then they must have the National Insurance Number, and info about any savings, investments, and income if they have any.
UK State Pension September 2024- Overview
| Title of the Article | Pension Credit News September 2024 |
| Benefit Name | Pension Credit |
| Department | Department of Work and Pension |
| Country | United Kingdom |
| Year | 2024 |
| Beneficiaries | Individuals with low income & have reached the age of State Pension |
| Payment Amount | Single: £218.15 weekly Partner: £332.95 weekly |
| Frequency of the Payment | Every 4 weeks |
| Official Website | gov.uk |
What is the Eligibility of UK Pension Credit?
The Department of Work and Pension will give out the credit to the beneficiaries who fulfill the UK Pension Credit Eligibility 2024. To qualify for the Pension Credit, you must live in Scotland, Wales, or England, if you and your partner are applying for the payment, then you will be eligible for the payment if:
- The beneficiary and his/her partner have reached the State Pension Age.
- One of them is receiving housing benefits for persons above the state pension age.
A partner is either:
- Your wife, spouse, or civil partner- if you living with them
- Somebody you reside with as a couple, without being married or in a civil partnership.
What You Will Get in the UK this Month?
After a beneficiary applies for the Pension Credit then their income is calculated. If you have a spouse, then both incomes will be calculated together. Pension Credit would be:
- If you are single your weekly income to £218.15.
- If you have a partner your combined weekly income to £332.95.
The beneficiary would still get the UK Pension Credit even if they have a higher income, have a disability, have housing costs, have savings, or care for someone. Your Income includes other pensions, State Pension, other social security benefits, and earnings from self employment or employment.
How to Claim UK Pension Credit 2024?
UK residents have to apply for the UK Pension Credit 2024, they won’t get it automatically. After you reach the right age you should claim for it. The beneficiary will get an invitation letter from the DWP authority 2 months before you reach the state pension age. You can apply for the claim online by following the steps below:
- Go to the official portal of DWP i.e. gov.uk.
- On the homepage, tap on the benefit option.
- Now select the Pension Credit.
- Fill the form accurately.
- If applicable, attach the necessary documents.
- Review and submit it.
Once the beneficiary reaches the right age they can apply for it anytime but your application can only be retroactive by three months. This typically means they will receive up to 3 months of Pension Credit in the earliest payment if they were entitled throughout that time. If you wish to apply by phone, make a call at 0800 99 1234.
| Homepage | Click Here |
Pension Credit News September 2024 FAQs
The beneficiary who resides in Scotland, England, or Wales and meets the State Pension Age is entitled to the Pension Credit.
The single recipient will receive up to £218.15. While the partners who have claimed for it jointly can get up to £332.95.
Eligible beneficiaries can claim the UK Pension Credit 2024 through the Department of Works and Pension official site i.e. gov.uk. Fill the form and submit the necessary documents along with it. If you are applying by phone, then call 0800 99 1234.
Arthur Leopold is the CEO of SWF Media Company, with 11 years of experience in journalism. He holds an MBA in Finance and a degree in Mass Communication.