Pension Credit Claims Help More Than The Recipients - They Help Local Businesses With Increased Spending Locally

8th October 2024

On the face of it Pension Credit and the other allowances that may open up help the individuals or couples.

But let us take another look at it. Extra money for people who need it also flows into local shops and businesses. Then the multiplier affect also increases the amounts flowing around.

Lets say 100 people have not claimed Pension Credit and they get £218.15 per week for single people or £332.95 per week for couples. £11343 per year x 100 = £1,134,300.

Over a million pounds of potential new money in the county multiplied by the round and round affect of the multiplier may make it worth over £4millon.

Of course this is theoretical but added to that is those imaginary people will qualify for the Winter Heating Allowance of say £200 x 100 = £20,000.

Other benefits also can be factored in once a person qualifies for Pension credit.

So let's help not only the people who may not for any reason have applied help them do it.

You do not need any expertise but as soon as you know someone has not claimed refer them to Citizens Advice or give them the help phone number.

A potential claimant may have other problems such as dyslexia.

Every pound older people get extra helps them and businesses of all kinds.

Remember - Retired and have income less than £218 a week as an individual, or £332 a week as a couple, you may be due £1,000s a year in Pension Credit. Plus, it then entitles you to a whole raft of other benefits. Yet, up to £2.1 billion of pension credit is unclaimed by over 880,000 eligible households.

And while we are on it lets look at another one.
Is dyslexia a disability allowance?
Yes, it's possible to get disability benefits for dyslexia. The SSA doesn't consider dyslexia itself as a disability since the limitations can vary for each person. However, if you can prove that your symptoms and limitations meet their definition of disability, you may qualify for benefits.