Pension credit is changing - here’s everything you need to know

Rules around pension credit are changing (Photo: Shutterstock)

Pension credit is an essential benefit for older people who are struggling financially, however changes are being made which could make some individuals ineligible.

The Department for Work and Pensions (DWP) is making significant changes to pension credit which could mean that pensioners with younger partners can no longer receive the money.

It could leave some couples as much as £140 per week worse off.

What is pension credit?

Pension credit is a benefit that tops up the incomes of people who have reached the qualifying age in order to ensure they have a minimum amount to live on. Under the changes, that age will be in line with increased state pension age.

Age UK says that pension credit claimants are unlikely to have to have to pay council tax. They could get free NHS dental treatment and a cold weather payment.

Those who rent their homes may also have their rent covered by housing benefit while home owners could receive support for their mortgage interest, ground rent and service charge.

It can also mean that carers receive extra help.