Pension Credit gives you extra money to help with your living costs if you’re over State Pension age and on a low income. Pension Credit can also help with housing costs such as ground rent or service charges.
Pension Credit is worth on average £3,300 per year for pensioners.
Nationally – the DWP estimates that £1.7 billion of Pension Credit went unclaimed by up to 1 million pensioner households in the financial year 2021/22.
Locally – it is estimated that £4,253,426.00 has gone unclaimed by Islanders alone – that equates to around 154 pension age households receiving housing benefits that are not currently claiming pension credit.
Citizens Advice Isle of Wight urge those that have reached pensionable age contact us for a quick eligibility check to ensure you are getting all the financial help that you are entitled to.
We urge anyone with retired family, friends and loved ones to check in with them and see if they are aware of the help they can receive.
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Page last reviewed in October 2025
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