Pension Credit, according to a charity. Independent Age has produced a report saying only 61 per cent of those eligible are receiving the benefit, which means 39% have not even claimed.The charity estimates around 450,000 pensioners could move out of poverty if uptake was increased to 100 per cent.Pension Credit can be used to top up weekly income if it is below £173.75 for single people or £265.20 for couples.
The report says the low take-up creates significant knock-on effects for the NHS and social care which cost taxpayers about £4 billion a year, more than the £2.2 billion bill if uptake was at 100 per cent.
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