Are you entitled to Pension Credit? In order to find out if you are entitled to Pension Credit, you need to add up your weekly net income and savings. Pension Credit can be issued to all pensioners whether they work or not. You can obtain the pension if you are 60 or over this age. It is taken into account only definite kinds of income when the company or establishes your Pension Credit. These kinds of income comprise: pensions, certain benefits or earnings which you have previously earned from a job. It is also very important to take care about the incomes which are not included in the calculations of the general sum for the pension and namely these are: Attendance Payment, Disability Living Payment, and Housing Benefits.

When the amount of Pension Credit you might get is arranged, you have to know that they will not need to know about any interests or dividends you get from your savings. It is possible to make the following savings and to open a deposit at any bank in the country you consider reliable for your future: you can have a bank account i.e. to invest in a bank, you can open an account in a post office or in a building society, you can even keep your money at home because you are scared of a default or financial instability, you can invest your money in shares or trusts, and one of the safest investment is in real estate.

Pensions can also fluctuate based on where and how they were invested. You can request investment statements for your pension.