Pension credit backdating rules

You may be able to get one or both parts depending on your circumstances.

You can claim Pension Credit whether or not you are still working.

In emerging economies risks have also increased, with falling oil prices hitting commodity-exporting economies, Russia and Brazil in recession, and China’s rebalancing leading to lower growth in a number of countries.

Uncertainty about global growth prospects has been reflected in volatility in financial markets, with world stock markets seeing trillion wiped off their value at the start of the year.

As one of the most open economies in the world, the UK is not immune to global slowdowns and shocks.

All this means the challenge of delivering a sustained rise in living standards following the financial crisis is greater here in Britain than the Office for Budget Responsibility () had previously forecast.

This publication is available at https://uk/government/publications/budget-2016-documents/budget-2016 This is a Budget that puts the next generation first.

In uncertain times and against a deteriorating global economic outlook, this Budget delivers security for working people.To view this licence, visit uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected] we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned.You do not need to have paid any national insurance contributions.There are different rules for getting the Guarantee Pension Credit and the Savings Pension Credit.It takes the next bold steps in the government’s long-term economic plan.