"T i m" wrote in message
...
On Sun, 2 Aug 2020 10:28:26 +0100, David Wade
wrote:

snip

Whilst the cost of the Pension Credit is less, it unlocks other benefits
which push the costs up...

https://www.thisismoney.co.uk/money/...xtra-600m.html

or shortened url

https://tinyurl.com/y36kvfdo

so guys and gals, get claiming. Its your right...

I'm 63, not working (never claimed anything in my life) but too young
to retire, according to the current system ... but I think I have two
small private pensions that matured when I was 60.

I believe I also have a couple more private pensions that are due to
mature when I'm 65 and I think I did look into putting them all into
one, but 1) not sure if that was a good idea and 2) I think that you
might only be able to combing so many and didn't know which I should
do if there were limits (or take the cash etc).

And assuming that you aren't living on fresh air now, presumably have
significant savings.

Whilst PC does not have a savings level that forbids you from claiming, it
does have an "assumed" income from saving which involve an assumption of
"draw-dawn".

anyone with an OAP pension and more than about 50K is going to find the
calculation for PC says "no"

tim