Annex C: Pension Credit Examples Background
1.Pension Credit has two elements:
	a guarantee credit - an assumed guaranteed minimum income of £100 per week for a single person and £154 for a couple. This amount will be increased for those who have high applicable amounts under Income Support, that is, those receiving the severe disability premium, those receiving the carer premium, polygamous relationships and those with housing costs;
	a savings credit - a cash addition to reward savings of single people with incomes up to £135 per week and couples with incomes up to £201 per week. These income levels will be increased commensurate with the high applicable amount cases mentioned above.
2.The savings credit may be payable to those with income below the guaranteed minimum as well as those with income above the guaranteed minimum.
3.Income equivalent to the basic state pension
4.Income above the basic state pension but below the guaranteed minimum.
5.Income at the same level as the guaranteed minimum
6.Income exceeding the guaranteed minimum