One million homes are failing to claim £60 a week in credit - and are also missing out on discounts on many bills, some of which will go up in April - according to Money Saving Expert.
The financial advice website set up by Martin Lewis said not only is Pension Credit worth £60 a week - it will also cut some of your bills and it entitles you to help with heating costs in the winter.
Pension Credit is not automatic - meaning you have to apply - and could be worth £3,000 a year on average.
If you are over state pension age, live in the UK, and earn less than £173.75/wk as a single person or £265.20/wk as a couple - including pensions, savings income and work - then the main element of pension credit tops up your income to those amounts
If you've additional income or you've saved for retirement you could get more via the 'savings credit' element. MSE has a section that shows you how much.
MSE is also reminding people they may be eligible to apply now if they have been hit with financial hardship thanks to Covid.
Bonuses you get when you have Pension Credit include
Free TV licence for over-75s - worth up to £157.50/yr (rising to £159 from Apr).
Council tax reduction - worth about £1,000/yr typically (and many councils are expected to raise rates in Apr).
Cold weather payments - worth £25/wk when it's really cold (like it was in many places earlier in Feb).
Warm home discount - worth £140/yr.
Free dental care - worth £100s/yr for some.
Voucher for glasses/contact lenses - worth £39-£215 a time depending on your prescription.
Housing benefit - worth £1,000s/yr for some.
You can apply via Gov.uk if you've already claimed your state pension, but otherwise you'll need to phone the Pension Service on 0800 99 1234 (or the NI Pension Centre on 0808 100 6165).
Ypu can backdate your claim for three momnths,
