Martin Lewis warns 1million Brits miss out on £3,000-a-year on pension credit

Millions of Brits in the UK could be missing out on £3,000 a year, Martin Lewis has warned.

Writing in his weekly Money Saving Expert newsletter, the guru told people to "spread the word" about claiming their pensions.

He said: "Many of the UK's poorest fail to claim pension credit, even though it's worth an average of £60/week in its own right.

"We're reminding you (again) as claiming also makes you eligible for other discounts on many bills, some of which will rise in April."

The website, which is run by Martin and a team of experts, claimed pension credit could be worth £3,000 a year on average.

In the UK, the state pension age is always being reviewed and may change in the future.

It is gradually increasing and in April 2020 the age is 65 and 8-9 months for men and women.

But by April 2028, it is expected to increase to 67 years.

Pension credit is a benefit typically paid to those who've reached state pension age in England, Scotland and Wales.

Brits can start their application up to four months before they reach the state pension age.

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You can check the GOV.UK website to find out what your state pension age is.

To find out, you will need your National Insurance number, information about your income, savings and investments.

If you're applying by phone or post, you will need your bank details.

You will be entitled to discounts if you have state pension credit.

From discounted household bills to free TV licences, the state pension can help to put your costs down in other places.

You could also get a full reduction on your council tax if you get the guarantee part of the pension credit.

To get a council tax reduction, you can visit the GOV.UK website.

There's also £25 a week to help with energy bills during the winter under the cold weather payment scheme.

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