Weekly income allowance

starlet97

Hi there, wondering if anyone can shed any light on my query please.

I have read about a weekly amount which the government have stated as a minimum amount to live on of £151 per week. I am 61 years of age, Is this correct and if so is this after housing costs or before.

I would be grateful for any help as my search on the internet does not come up with a definitive answer.

Many thanks

chrisbur

Sounds like pension credit to me

http://www.ageuk.org.uk/money-matters/claiming-benefits/pension-credit/what-is-pension-credit/

starlet97

Thank you for your post. Yes, that is possible. So that figure may be only for pension age.

Have done all the checkers for benefits and I don't qualify for any benefits even though I don't have that amount and have to pay everything.

Thank you again

Catwoman1975

If you are single and unemployed JSA is £73.10 a week so that would be the amount you are expected to live off, plus on top you would get help with housing costs.

I imagine at 61 you are not old enough for pension credit just yet.

naturaljazz

£151 a week is the Pension Guarantee Credit from April 2016. It applies to women born before 6 April 1953. Men different, You have to have made 35 years National Insurance payments. Between 10 years and 35 years NI made you get proportion of the £151 not all. Under 10 years NI contributions you aren't entitled to any of this scheme.
Google - minimum income £151 week uk government - and see what comes up, I found it in a pdf, You say you dont qualify for any benefits, if you were signing on for JSA you may get money, as stated here previously JSA is less than £151 a week as it is meant for people seeking work, It is not pension, which is at the end of ones working life. I will get my pension at aged 66 for example. Until then I will work. Obviously depends on partner etc if you have one. Hope this helps.