This new entitlement replaces the Minimum Income Guarantee (MIG)  with effect from 6 October 2003. Anyone who is currently in receipt of MIG will automatically be switched to Pension Credits. It applies to people aged 60 or over.

WHO IS ELIGIBLE -  SINGLE PENSIONERS  WHOSE TOTAL INCOME IS LESS THAN £102.10  per week.

IF YOU HAVE A PARTNER  TOTAL INCOME OF £155.80 OR LESS per week.

If you are over 65 there is also a SAVINGS CREDIT element to this entitlement.  Savings up to £6000 are ignored, above this amount the calculation is £1 per week income for each £500  or part  of £500 you have in savings - which increases the figures to

SINGLE PENSIONERS WHOSE TOTAL INCOME IS LESS THAN £139.10 per week

IF YOU HAVE A PARTNER TOTAL INCOME OF £203.80 OR LESS per week.

(The definition of partner is husband or wife, or a person you live with as if you are married to them).

OUR ADVICE IS IF YOU ARE WITHIN THESE LIMITS APPLY - VISIT www.thepensionservice.gov.uk  AND GET A PENSION CREDIT ESTIMATE. ALL CURRENT PENSIONERS WILL BE CONTACTED BY JUNE 2004  AND GIVEN INFORMATION ABOUT THIS NEW ENTITLEMENT. YOU HAVE UNTIL OCTOBER 2004 TO APPLY ( (IF YOU ARE ELIGIBLE BACK PAYMENTS WILL BE MADE)

There is also a freephone Pension Credit application  line 0800 99 1234.

Top