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Eradicate the unfairness by which the Pension Credit (meant to be a reward for saving) is reduced each time the State Pension rises!

Submitted on Wednesday 28th January 2015

Published on Wednesday 28th January 2015

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 1

Petition Action

Eradicate the unfairness by which the Pension Credit (meant to be a reward for saving) is reduced each time the State Pension rises!

Additional Information

I would like the Dept to look again at the formula used to calculate Pension Credit so that one gets the full State Pension increase and not have it reduced by some notional amount according to a complicated formula. This means that at present any increase one gets in State Pension is then reduced in the Pension Credit.


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