If you’re caring for an elderly parent, ensuring they receive all the benefits they’re entitled to can make a big difference, especially with rising living costs. Pension Credit is a key benefit that can top up their income and unlock additional support like the Winter Fuel Payment. The recent change to the Winter Fuel Payment, which was previously available to everyone above state pension age, now limits it to those receiving Pension Credit or other means-tested support.
Here’s how you can help your parent check their eligibility:
Step 1: Review Their Income
Your parent may be eligible for Pension Credit if their weekly income is below £218.15 (for a single person) or £332.95 (for couples). Even if they receive a small pension, it might not disqualify them from receiving this benefit, as Pension Credit is designed to top up their income to these levels.
Step 2: Consider Savings and Property
Encourage your parent to check their savings. Having savings or owning a home doesn’t automatically disqualify them from receiving Pension Credit. However, savings over £10,000 might reduce the amount they receive. This is because, for every £500 over that limit, £1 is added to their weekly income for assessment purposes.
Step 3: Use the Pension Credit Calculator
The government provides an online Pension Credit calculator that allows you to quickly assess your parent’s eligibility. This tool takes into account income, savings, and other financial details, giving you a clear idea of whether they can claim this support.
Step 4: Apply Before the Winter Fuel Payment Deadline
Make sure to apply for Pension Credit by 21 December if you want your parent to receive the Winter Fuel Payment this year. This one-time payment can help cover heating costs during the colder months and ranges between £100 and £300. Applications can be made online, by phone, or by post.
Step 5: Unlock Additional Benefits
Pension Credit can open the door to a range of other financial supports for your parent. These include help with housing costs, council tax reductions, NHS expenses like glasses and dental care, and even Cold Weather Payments when temperatures drop.
Why It’s Important
Many pensioners don’t realise they are eligible for Pension Credit, and it’s estimated that thousands of older people are missing out on financial support that could ease their living costs. As someone caring for your parent, checking their eligibility could have a significant impact on their quality of life, particularly during the colder months.
Key takeaways
Helping your elderly parent apply for Pension Credit could not only boost their income but also make them eligible for benefits like the Winter Fuel Payment. It’s a straightforward process that could greatly reduce financial stress during the winter. Visit the GOV.UK Pension Credit page to start the application and ensure your parent gets the support they deserve.