Other State Retirement Benefits
Once you are at state pension age there may be other retirement benefits to which you are entitled.
If your income in retirement, including savings, is below a certain level then you may be entitled to Pension Credit, which is designed to bring everyone's income up to a basic level. Guarantee Credit tops up your weekly income if it's below £155.60 (for single people) or £237.55 (for couples). Savings Credit is an extra payment for people who saved some money towards their retirement, eg a pension. You may not be eligible for savings credit if you reach State Pension age on or after 6 April 2016. Go to https://www.gov.uk/pension-credit for more information and go to: https://www.gov.uk/pension-credit-calculator to see how much you might be entitled to.
Free Prescriptions and Sight Tests
Once we reach the age of 60 we are entitled to free prescriptions and free eye sight tests. For more information visit the NHS webiste.
Winter Fuel Payment
Once you get to the women's state pension age, you are entitled to the winter fuel payment. That means for men, they can receive it once they reach the pension age for a woman born on the same day. You can see when this is by going to the State Pension Age Calculator on .gov.uk. For 2016/17, the rate is £200 per household if you are under 80 and £300 for the over 80s. If there are two people in the household who qualify, the allowance is shared between both. It is paid in November and December and to receive it this year
(2016/2017) you have to have been born on or before 5
July 1953. For more information, click here.
The first year that someone in the household becomes entitled to Winter Fuel Payment, we have to apply for it. After that, it should come automatically as a retirement benefit.
You can travel for free on local buses once you reach
state pension age. If you live in England, the bus pass gives you free local bus travel anywhere in England between 9.30am and 11pm on weekdays and all day at weekends and public holidays. The situation is slightly different for Wales, Scotland and Northern Ireland. If you live in these countries, go to this page and click the relevant link. If you live in London, you get the 'Freedom Pass' once you have reached the state pension age for women, so go to the Freedom Pass website for more details. If you live elsewhere in England, click here to find out more. We apply for the bus pass to our local council.
Once you get to the age of 60 you are also entitled to the Senior Railcard. For an annual charge (£30 for 2015/16) you get one-third off fares across the whole of Britain. A three-year rail card costs £70, so the annual rate is even cheaper. You can buy it online or at the booking office of railway stations. For more details and to buy one online, go to www.senior-railcard.co.uk.
Other State Retirement Benefits
For those people on low incomes there may be other benefits available, such as the cold weather payment and help from the social fund. For a list of these and links to more details, go to this page on direct.gov.uk. Also have a look at the laterlife Guide to Concessions and Discounts.