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pension credit question
Happygreen
Posts: 2,949 Forumite
OH receives pension credit. He is of the opinion that I won't be allowed to work or that what I earn will be taken off his PC. Is that correct?
First they ignore you, then they ridicule you, then they fight you, and then you win - Gandhi
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Happygreen wrote: »OH receives pension credit. He is of the opinion that I won't be allowed to work or that what I earn will be taken off his PC. Is that correct?
Unfortunately -Yes!
If you have a partner you and your partner’s income and capital will be added together when calculating your Pension Credit.
The term ‘partner’ refers to your husband, wife or civil partner, or the person you live with as if they were your husband, wife or civil partner.There are 10 types of people in the world - those who understand binary and those who do not. :doh:0 -
As Pension Credit is a means-tested Benefit based on household income, then yes, he is correct.
However State Retirement Pension (as opposed to Pension Credit) is not means-tested and your earnings would not affect it.(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
For a couple, the first £10 of earnings is disregarded, after that they reduce the PC award pound-for-pound.
eg. you earn £50/wk, the PC award reduces by £40. £10 better off per week.0
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