Thousands of pensioners missing out on Pension Credit and free TV licence – how to check

Martin Lewis viewer reveals success with pension credit

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

Although take up of state benefits has increased, more work still needs to be done. Latest figures show that there are still 850,000 pensioners missing out on thousands of pounds per year in Pension Credit from the Department for Work and Pensions (DWP).

To qualify for Pension Credit someone needs to be earning less than £177.10 per week.

They could find themselves earning an extra £3,120 over the course of a year.

In addition, Pension Credit is a gateway benefit that enables pensioners to also claim a free TV licence.

Helen Morrissey, senior pensions and retirement analyst at Hargreaves Lansdown, said benefit take up is improving but too many pensioners are still missing out.

She said: “Pension Credit take-up continues to inch up but there are still up to 850,000 pensioner households missing out on this vital benefit.

“Pension Credit boosts the income of the poorest pensioners and acts as a valuable gateway to other benefits such as help with heating bills and NHS treatment.”

Meanwhile, people do not have to pay for a TV licence if they only watch Netflix and YouTube meaning they could also save £159 per year.

As long as they don’t watch live programmes or record TV to watch later, they don’t need to fork out the cash.

It also covers anyone living in the same household meaning they don’t need a TV licence either.

As well as a free TV licence, it could also mean that pensioners receive help towards the cost of energy bills, council tax and free prescriptions.

What is happening where you live? Find out by adding your postcode or visit InYourArea

Who is eligible for a free TV licence?

  • Over 75s who receive Pension Credit
  • Anyone who doesn’t watch TV but watches Netflix and YouTube
  • Blind or sight impaired people, or anyone living in the same household, are entitled to a 50 percent reduction on their bill.
  • Care home residents are charged a concessionary rate of £7.50, while over-75s in residences that have ARC schemes are eligible for a free licence.

Source: Read Full Article