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pension credit
chrissysmagicbox
Posts: 11 Forumite
i am due to get a small work pension when i am 65, in august this year.
will the goverment take my pension credit away ? i also have disability.
it will be a very small amount ie £1000 per year or am i allowed this as savings.
i believe savings are allowed up to a certain amount £3000
can you help advise me?
thanks
will the goverment take my pension credit away ? i also have disability.
it will be a very small amount ie £1000 per year or am i allowed this as savings.
i believe savings are allowed up to a certain amount £3000
can you help advise me?
thanks
0
Comments
-
Your work pension isn't savings, it's income. It seems very unlikely that it will make much difference unless you are just on the margins for pension credit, but you can check it out for yourself using the turn2us benefit calculator or the government's one.
If you have a problem working this out, make an appointment with your local CAB so they can help you.
By the way, savings under £10000 are ignored for pension credit purposes in any case.0
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