People approaching state pension age have been urged to examine what state advantages they're entitled to and if they'll increase their earnings by claiming any advantages.

One notable profit an individual of state pension age can declare is Pension Credit, which supplies a top-up fee for individuals on low incomes.

The vastly underclaimed profit tops up a single particular person’s earnings as much as £201.05 every week and a pair’s earnings as much as £306.85 every week.

The profit can improve a family’s earnings by greater than £3,000 a yr offering a great addition as the price of residing continues to extend.

Extra funds are additionally obtainable by way of Pension Credit relying on an individual’s scenario, equivalent to in the event that they care for an additional particular person.

These are the advantages an individual can proceed to say even if you're over state pension age:

• Child Benefit (delivered by HMRC)
• Carer’s Allowance
• Guardian’s Allowance
• Statutory Sick Pay (SSP).

Individuals may nonetheless declare these advantages after reaching state pension age, however provided that they meet the earnings threshold for every profit:

• Pension Credit
• Housing Benefit
• Council Tax Support
• Support for Mortgage Interest
• Working Tax Credit (HMRC) - An individual can not make new claims for this, but when they're already getting it they'll proceed to obtain it
• Child Tax Credit (HMRC)- An individual can not make new claims for this, but when they're already getting it they'll proceed to obtain it
• Cold Weather Payment - now changed by new £50 fee in Scotland
• Warm Home Discount Scheme
• Winter Fuel Payment.

However, an individual will now not be capable of declare these advantages as soon as they attain state pension age:

• Income-based Jobseeker’s Allowance
• Income-related Employment and Support Allowance (ESA)
• Income Support
• Universal Credit
• Jobseeker's Allowance (JSA)
• Contributory/New Style Employment and Support Allowance (ESA).

The state pension age is at present 66 though that is set to rise regularly to 67 after which to 68 over the approaching years.

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