Martin Lewis is urging nearly one million people aged 66 or over to check if they are eligible for an annual income boost worth around £3,300 on average. Pension Credit is a benefit delivered by the Department for Work and Pensions (DWP) designed to help low-income pensioner households.
Writing in the latest edition of the MoneySavingExpert.com (MSE) newsletter, the financial journalist said it was a “national tragedy” that so many people of State Pension age, who have been paying National Insurance contributions for years, are missing out on a “critical boost to their income”.
The consumer champion also shared his rule of thumb for instantly checking whether you or someone you know, who is over 66, may be eligible for the additional weekly payment - and it will take less than 10 seconds to do.
