Pension credit
Pension credit (PC) is a benefit for people who have reached state pension age. Your state pension age depends on your date of birth. You can check the date you will qualify at .
PC has two different elements:
•guarantee credit, designed to bring your income up to a certain level; and
•savings credit, which is intended to ‘reward’ you for making provision for your retirement above the basic state retirement pension. The savings credit is being phased out, though some people can still qualify.
If you get PC, you qualify for a winter fuel payment (or pension-age winter heating payment in Scotland) and, if you get the guarantee credit, you may be in the ‘core group’ of people entitled to a Warm Home Discount (see here).