The coalition government will not cut any universal benefits for pensioners, the spending review revealed.
Following fears that winter fuel payments, free TV licences for over-75s, free eye tests and prescriptions and free bus passes.
However, the maximum limit on savings credit will be frozen for four years.
Pension savings credit is available to people aged over 65 who have made some provision towards a pension such as savings or a second pension.
It can be claimed alongside pensions guarantee credit or independently.
Currently, the maximum savings credit available is £20.52 per week for single people, or £27.09 for couples.
It is available with incomes of up to £184 per week for single people or £270 per week for couples.
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Responding to letter from Treasury Committee chair Nicky Morgan