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Pension credit

Pension credit, also known as state pension credit, is a benefit for people who are on a low income and have reached pension age. It is intended to give you extra money in retirement.

Pension credit has two parts: 

  • guarantee credit - you can get this if you are on a low income. It is intended to provide for your basic living expenses. If you have a severe disability, an additional amount for severe disability may be included in your award. You can get an additional amount in your award if you have a dependent child or young person.
  • savings credit - this was intended to give you a small amount of extra money as a 'reward' for having income from earnings, savings or pensions over the level of the basic state pension. Savings credit is being phased out. Only people who’ve reached pension age before 6 April 2016 may be eligible to claim the savings credit.

Pension credit and universal credit

Going into hospital

More information

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For further information on welfare rights, education issues and social care you will find our factsheets/guides here or for more detailed information you can order a copy of the Disability Rights Handbook from our shop