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About Savings and Investment Form PC1H Pension Credit

About Savings and Investment Form PC1H Pension Credit

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[Music] hi i'm anisa i'm an emergency triage assessor at citizens advice and today i'll be speaking a bit about pension credit the pension credit is a means-tested benefit for those over the state pension age it's extra money to bring up your weekly income to a minimum amount you do not pay tax on pension credit there are two parts of pension credit and you may be able to get one or both depending on your circumstances so number one is guarantee pension credit this tops up your weekly income to a minimum amount even if you are working and your income is below the threshold number two is savings pension credit this is a small top-up for people who have a modest amount of income or savings it's only available if you reach the state pension age before 6th of april 2016. can you get pension credit you may be able to get guarantee pension credit if you have reached the state pension age if you are living in the uk and you don't have much income or savings you can get savings credit as extra

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