Pension Credit is a means-tested benefit managed by the Pension Service (which is part of the Department for Work and Pensions) and is paid to people over 60 whose weekly income is below £130.00 or £198.45 for couples.
Pension Credit is made up of a Pension Guarantee Credit that will work in a similar way to Income Support (paid to people under 60) and a Pension Savings Credit for people aged 65 and over to reward them for some of their savings and income.