DRO and pension contributions

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One of my jobs comes with a final salary pension (yay!) paid for in a "salary sacrifice" scheme where the monthly deduction is taken before my gross pay is calculated. Saves tax, but removes all possibility of a refund. There doesn't seem to be any way I can suspend my membership for a whole year, and I don't have the 2 years' service required to save my contributions if I leave.

So quitting the scheme would mean well over a year's contributions down the drain. Not even handed to my creditors, just gone.

Can I keep paying into the pension if I get a DRO?

Dave

Comments

  • david_m4
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    Bump, anyone?
  • Lilly11a
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    If you have a pension with a value of more then £300.00 you will not be eligible for a DRO. Sorry
  • alwaysskint96
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    Lilly11a wrote: »
    If you have a pension with a value of more then £300.00 you will not be eligible for a DRO. Sorry


    That is no longer correct. The rules changed last year on that


    I dont see why you cannot continue paying the pension. My husband still has pension conts taken from his wages without it affe3cting the DRO
  • immoral_angeluk
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    It won't have any impact on a DRO as long as A) the pension is recognised by HMRC for tax purposes B) it won't be paid out before your DRO ends and C) your pension contributions aren't excessive.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
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