Pension Credit changes May 2019
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Pension Credit changes May 2019
by Guest Thu Feb 28, 2019 8:17 pm
Thousands of poorest pensioners will lose out, government reveals
Pensioners with partners of working age will no longer be able to claim pension credit
The government has revealed that 60,000 of the least well-off pensioners with partners of working age are set to lose thousands of pounds a year as a result of benefit changes designed to save £1bn over the next five years.
A rule change coming into force on 15 May means that pensioners who have partners under the state retirement age of 65 will no longer be able to claim for pension credit, a means-tested top-up for older people on very low incomes.
The change means pensioners claiming after that date must sign up to the much less generous universal credit, a move which will leave the couple potentially £7,000 a year worse off.
https://www.theguardian.com/money/2019/feb/28/thousands-of-poorest-pensioners-will-lose-out-government-reveals
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