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\n Reading Time:<\/span> 2<\/span> minutes<\/span><\/span><\/p>\n \u00a31.7 billion in Pension Credit unclaimed<\/em><\/p>\n This week, UK financial security charity Turn2us today launched its \u2018don\u2019t rule it out, discover\u2019 campaign, which urges squeezed pensioners to ascertain if they might receive pension credit. It might be value a mean of \u00a33,500 a yr.<\/span>\u00a0<\/span><\/p>\n This Pension Credit Awareness Week (12-16 June), the charity urges anyone over 66 on a low income, or their family and friends, to spend just ten minutes on its free online advantages calculator or call its information line on\u00a0<\/span>0808 802 2000<\/span>\u00a0if accessing the web shouldn’t be an option.<\/span>\u00a0<\/span><\/p>\n The fast, free and confidential online calculator helps people discover in the event that they are eligible for all varieties of state advantages, including pension credit, which is paid along with the state pension and is obtainable even when you’ve gotten savings and own your personal home.<\/span>\u00a0<\/span><\/p>\n Up to now yr alone, greater than 300,000 people over the state pension age of 66 used the Turn2us advantages calculator to seek out out what additional support they could be entitled to. One in seven of those (39,235 people)\u00a0came upon they were eligible for Pension Credit which, at a mean of \u00a33,500 per person per yr, adds as much as greater than \u00a3137million in extra state advantages found by pensioners on low incomes.<\/span>\u00a0<\/span><\/p>\n \u201cResearch shows a lot of pensioners don\u2019t know pension credit exists, and lots of others rule out checking out as they assume they\u2019re not eligible due to their savings or owning their very own home.<\/span><\/i>\u00a0<\/span><\/p>\n \u201cThe fact is a single pensioner getting by on an income of lower than \u00a3201.05 per week, or a pair with under \u00a3306.85 per week, might be eligible even in the event that they\u2019re homeowners with savings of as much as \u00a310,000.\u201d<\/span><\/i>\u00a0<\/span><\/p>\n Often called a \u2018gateway profit\u2019 receiving Pension Credit means you may robotically be eligible for other support, resembling free dental care, extra payments to assist with heating, rent or mortgage interest and a free TV license (the latter being available in case you\u2019re also over 75).<\/span>\u00a0<\/span><\/p>\n Last yr during Pension Credit Awareness Week, the Department for Work and Pensions (DWP) said that\u00a0<\/span>while 1.4 million pensioners in Britain receive it, \u00a31.7bn remains to be left unclaimed. DWP reports persons are postpone for a spread of reasons, from wrongly considering they\u2019re not eligible due to savings or owning their very own home to not wanting to be seen as needing to say, or considering the method might be complicated or confusing.<\/span>\u00a0<\/span><\/p>\n \u00a0\u201cThe very fact so many pensioners are missing out on Pension Credit in the course of a cost-of-living crisis is worrying. This profit provides much needed additional income but additionally means people qualify for help with rent, council tax and other bills and advantages because Pension Credit is a gateway profit to other support.\u201d\u00a0<\/span><\/i>\u00a0<\/span><\/p>\n In case you think you may be eligible \u2013 don\u2019t rule it out, discover \u2013 through the use of the\u00a0<\/span>Turn2us free online advantages calculator<\/span><\/a>\u00a0on our website, turn2us.org.uk, or, in case you don\u2019t have access to the web,\u00a0<\/span>call the Turn2us information line on: 0808 802 2000, 9.00\u00a0am \u2013 5.00 pm\u00a0Mondays-Fridays.<\/span>\u00a0<\/span><\/p>\n \u00a0<\/span>\u00a0<\/span><\/p>\n<\/div>\n
\n<\/i> Isobel Lawrance<\/small>
\n<\/span>
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\n<\/i> fifteenth Jun 2023<\/small>
\n<\/span><\/p>\nTurn2us director of impact and innovation Michael Clarke says: <\/span>\u00a0<\/span><\/h3>\n
Sarah Pennels, their head of economic capability at Royal London, says:<\/span>\u00a0<\/span><\/h3>\n