- More than 850 thousand pensioners in the UK are not getting the Pension Credit they are entitled to.
- The Government statistics show that in the financial year 2019/220 approximately £1.7 billion earmarked for the poorest pensioners doesn't reach them.
- An unacceptable number of older people are having to juggle between paying for food or fuel. The average weekly payment for Pension Credit could cover both.
- Our research with Loughborough University showed that if everyone received the Pension Credit they are entitled to, approximately £4 billion would be saved on health and social care costs.
What is Independent Age calling for?
We want the Government to recognise this serious, long-term issue and take action.
Action to increase Pension Credit uptake must form part of a strategy and be based on evidence if we’re to see rapid and meaningful change. The strategy should include:
- Urgent proposals and flexible funding for local authorities to target support at those missing out and get money into pensioners’ pockets in the short-term.
- Plans to explore long-term solutions, for example, automatic payments of Pension Credit.
- Coordination with plans being delivered across devolved governments.
Low uptake of Pension Credit in 2019
Credit Where It’s Due Briefing
Credit where it’s due: where are we now?
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