On Friday the DWP (Department for Work and Pensions) issued a warning for people who are missing out on payments. The warning applies to those entitled to Pension Credit.
Those who are over the State Pension age and on a low income could be missing out on payments that will soon be worth up to £201 each week. Leading charity Age UK estimated that 34% of pensioners eligible to claim Pension Credit are still missing out on.
Pension Credit is a tax-free payment for those who have reached State Pension age and live in the UK. It tops up weekly income to a guaranteed minimum level, and from next month this will be £201.05 for single pensioners, or £306.85 for couples, the Liverpool Echo reports.
