Quizzes & Puzzles12 mins ago
Pension Credit On Retirement.
4 Answers
a retired person is receiving a a small state pension and is working part-time.
If he then retires completely,will he then receive Pension Credit as his pension is below the standard rate?
A separate question here..if another person has a small Works pension and a small SP,totalling ,for example, £90.00...will that person be entitled to some PC?
If he then retires completely,will he then receive Pension Credit as his pension is below the standard rate?
A separate question here..if another person has a small Works pension and a small SP,totalling ,for example, £90.00...will that person be entitled to some PC?
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Pension Guarantee Credit tops up the income of any single person (who has reached the qualifying age) to £145.40 per week. It's irrelevant as to how their other income is made up (e.g. from a basic state pension or through employment). If they're not receiving £145.40 in total, Pension Guarantee Credit pays the difference. Couples get their weekly income topped up to £222.05 per week:
https:/ /www.go v.uk/pe nsion-c redit
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