Universal Credit is an income-related profit, which can be paid to eligible claimants to be able to assist with dwelling prices. The system is changing six different varieties of advantages, referred to as legacy advantages. Those who’ve reached state pension age can typically not declare Universal Credit, however can normally as an alternative declare the state pension. The quantity that an individual will get on the state pension is determined by the kind of state pension they’re eligible to assert for, in addition to the qualifying years on their National Insurance file.

That mentioned, it might be attainable for some pensioners to assert Universal Credit.

This exception applies to on low earnings who’re in the state of affairs of 1 member of the pair is under state pension credit score qualifying age, whereas the different has already reached this age.

These persons are referred to as mixed-age .

This is because of a change made to Pension Credit earlier this 12 months.

Pension Credit is an income-related profit, which is made up of two elements: Guarantee Credit and Savings Credit. Recipients don’t pay tax on Pension Credit.

The former tops up one’s weekly earnings if it’s under £167.25 for a single particular person, or £255.25 for .

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“You can apply for Universal Credit instead if you’re still not eligible,” the web site provides.

If an individual has been getting Pension Credit, then it’s provided that their entitlement stops for any motive, similar to one’s circumstances change, then they won’t be able to begin getting it once more till the couple are eligible below the new guidelines.

Should an individual who’s at present getting Pension Credit be single however then transfer in with a accomplice who’s below state pension age, then they may begin getting it once more when the accomplice reaches state pension age, the authorities web site explains.

Last month, the Department of Work and Pensions (DWP) mentioned that there’s a 60 per cent take-up of Pension Credit, with greater than 1,000,000 folks entitled to obtain it not but claiming the profit.

READ MORE: Tax on pension UK: Are state pension and Pension Credit payments taxable?


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