07/06/2004

Pension Credit uptake passes three million mark

Government figures out today have revealed that over three million people are receiving Pension Credit.

The figures, published by the Department for Work and Pensions, found that as of the end of May there are now 3.03 million individuals (2.5 million households) being paid Pension Credit, including 67,000 new people (51,000 households) in the last month. Of that three million, over two million are women.

The average weekly award was £42.42 and of those receiving Pension Credit, 2.22 million individuals (1.83 million households) are now getting more money than was previously the case under the old Minimum Income Guarantee.

Pension Credit replaced the Minimum Income Guarantee (MIG) and has been payable since October 6th 2003.

Pension Credit guarantees everyone aged 60 and over an income of at least £105.45 for single people and £160.95 for couples.

Pension Credit applications can be made via the freephone Pension Credit application line on 0800 99 1234. Successful claims can be backdated 12 months, or to the date of entitlement if that is later.

(gmcg)

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