Grandparents must claim pension credit before deadline tomorrow or miss out on up to £70,000
THOUSANDS of pensioners could miss out on £70,000 or more worth of Pension Credit if they don't sign up before the deadline tomorrow.
The new rules, which affect any retirees with partners that are younger than the State Pension Age, came into force on May 15, 2019.
But if you reached 65 before that date, you have until tomorrow, 13 August to submit a backdated claim.
Under the new system, pensioners won't be able to claim Pension Credit until their younger partners reach retirement age.
But couples that already receive the benefit will not be affected, so it's important to get your claim in as soon as possible.
If you miss tomorrow's deadline, you won't get another chance to apply.
The earliest possible date to apply is four months before you reach your state pension age.
If you claim after you reach pension age, you can backdate your claim for up to three months.
Many of those who will be affected by the Government’s rule change on Pension Credit have health problems or caring responsibilities and are struggling to manage on the income they currently have.
But qualifying retirees who get their backdated claims in before next week, will continue receiving Pension Credit as well as the other associated benefits.
That means you'll keep getting the £7,000 a year, regardless of how old your partner is.
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