Help me understand pension please

Laanky

Can anyone please help with this queery, having searched for a long time on the net I do not have any answer. Myself and my wife are on guaranteed Pension Credit and next month I am 65 and go onto state pension which is fine. The question is this, does my wife still receive Pension Credit as she is not of retirement age or is my state pension all we will receive between us. Any ideas would be gratefully received thank you.

zagfles

See https://www.gov.uk/pension-credit-calculator

Laanky

Thank you Zagfles but that only calculates pension credit and state pension which I understand. I needed to know that when I start receiving my state pension does the pension credit my wife was on with me cease or continue perhaps at a lower rate even. Thank you anyway

zagfles

Laanky wrote: »

Thank you Zagfles but that only calculates pension credit and state pension which I understand. I needed to know that when I start receiving my state pension does the pension credit my wife was on with me cease or continue perhaps at a lower rate even. Thank you anyway

And that calculator will tell you that! Put your details in with your state pension (perhaps pretend to be a few months older ie getting state pension) and see what it says.

xylophone

https://forums.moneysavingexpert.com/discussion/comment/67504757#Comment_67504757

See links in post 10.

jamesd

Pension Credit is based on combined income so if your income goes up your entitlement to Pension Credit might go down.