Pension boost of £359 if you take care of grandkids - but only if their parents are working

A recent trend shows that grandparents and other family members can receive a £359 annual pension credit if they look after their grandkids, provided those kids have working parents. Over the past decade, around 160,000 successful claims have been made under this scheme, highlighting a growing recognition of the role extended families play in supporting both childcare and retirement income. This policy not only benefits retirees financially but also acknowledges the significant support grandparents provide, potentially easing the pressure on formal childcare services.