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Pension Credit
What is it?
Pension Credit is a new entitlement for people aged 60 and over that was introduced by the Government from October 2003.
It replaces Income Support (IS) and The Minimum Income Guarantee (MIG). It guarantees everyone aged 60 and over a minimum weekly income of at least:
£130 a week if you are single
or
£198.45 a week if you have a partner
Many people including Carers, Disabled, and others with mortgages will be entitled to more than these minimum amounts.
For the first time people aged 65 and over will be rewarded for some of the savings and income they have for their retirement with an extra payment over the minimum guarantee amounts above this is called the savings credit.
You may be one of them find out 0800 161 38 39.
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