Pension Credit Entitlement Charts You can use the entitlement charts to see if you may be entitled to Pension Credit. The charts are only intended to be a guideline.
Before using the charts you need to work out your weekly net income (after deductions) and how much you have in savings and/or investments. Then, making sure you use the correct chart for your age:
- Find your level of income across the top of the chart.
- Find the amount of savings or investments you have down the side of the chart.
- Read down and across to the inside of the chart.
- If you fall into the shaded area you may get Pension Credit. If you fall outside the shaded area, it is less likely that you will get Pension Credit.
For example, if you are a single person aged 65 or over with:
- a State Pension and a private pension totalling £110 a week; and
- savings of £8,000
you will need to do the following:
- Look across the top of the chart for a single person to the point marked £110.
- Look down the side of the chart (savings) to a point between £6,000 and £10,000 lines.
- Look inside the chart to where the two points meet. This is in a shaded area and shows that you may be entitled to Pension Credit.
Remember that you are more likely to get Pension Credit if you :
- are severely disabled;
- look after someone who is severely disabled; or
- have certain housing costs for example mortgage interest payments.
If any of these apply to them, they may still be entitled even if the charts suggest they are less likely to be.
Chart for Single People Aged 60 - 64These charts are for general guidance. They will not cover everybody's circumstances.
Chart for Couples Aged 60 - 64These charts are for general guidance. They will not cover everybody's circumstances.
Chart for Single People Aged 65 and overThese charts are for general guidance. They will not cover everybody's circumstances.
Chart for Couples where at least one person is 65 or overThese charts are for general guidance. They will not cover everybody's circumstances.
Example 1:
Single Person under 65 - Only income is the basic rate of retirement pension
Income
Basic retirement pension of £79.60
Appropriate amount is £105.45
Guarantee credit is £25.85
Total Weekly Income is £105.45
As the customer is under 65 the savings credit will not be considered.
Example 2:
Couple over 65 - Income includes personal pension and is at the same level as their appropriate amount.
Income
Income Customer basic retirement pension £79.60 plus
Partners retirement pension £47.65 plus
Partners work pension £33.70.
Total income is £160.95
Appropriate amount is £160.95
Guarantee credit is £0.00
Their qualifying income is £160.95, which is £33.70 more than the savings credit starting point for a couple (£127.25). Therefore, they will be entitled to the maximum savings credit for a couple, £22.22 [60% of £32].
Qualifying Income [£79.60 + £47.65 + £33.70] is £160.95
Less savings credit starting point £127.25
This leaves £33.70 x 60% which equals £22.22
Savings credit is £22.22
Total Income
Customer basic retirement pension of £79.60 plus
Partner's retirement pension of £47.65 plus
Partners work Pension of £22.70 plus
Savings credit of £22.22
Total Weekly Income is £183.17
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