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Martin Lewis warns one million pensioners missing out on cost of living benefit
The Independent
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10/31/2023
Martin Lewis warns one million pensioners missing out on cost of living benefitGood Morning Britain, ITV
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News
Transcript
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00:00
There's a benefit called pension credit,
00:02
which is specifically for lower income pensioners.
00:05
And on that one, you can backdate the claim
00:07
for three months, which means if you don't get pension credit
00:10
and you're eligible for it, you can still
00:13
get that extra 300 quid, even if you were to claim now
00:16
or next week or the week after.
00:18
And there are nearly a million pensioners in this country
00:21
not getting that absolutely crucial benefit.
00:24
My rule of thumb on it--
00:25
this isn't exact.
00:26
I'm not telling people whether they're eligible.
00:28
It's quite simple.
00:30
If you're a single pensioner earning less than 220 pounds
00:34
a week or you're a pensioner couple earning less than 320
00:38
pounds a week, then you should check out if you're eligible.
00:41
So that's your total income.
00:43
Call the pension credit helpline and ask them if you're eligible.
00:46
I'm not saying you will be.
00:47
I'm saying you may be.
00:49
And it's worth checking, because that
00:50
could be worth thousands of pounds.
00:52
And this current cost of living benefit payment,
00:54
you may still get it, even if you don't claim pension credit
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