1. What is pension credit?
Pension credit
is the commonly used name for state pension credit, a means-tested benefit payable if you (and your partner, if you have one) have reached pension age (see
Chapter 42(2) ). Pension credit has two elements: guarantee credit (see
3 below ) and savings credit (see
5 below ).
Future changes – The government intends to bring together the administration of pension credit and housing benefit in 2026.