Working on Pension Credit

faery_2

My parents are in their mid 60's and receive pension credits. My dad would like to take on a little part time job that will earn him £102 per month. Will this affect their pension credits?

Mojisola

PC will top up a couple's weekly income to £230.85.

Anything he earns will affect the PC.

faery_2

I just wasn't sure if it there was a threshold he couldn't cross without it affecting his PC. Thank you

hugheskevi

The first £5 p/w of earnings from work is ignored in most cases. For couples, the first £10 of joint earnings is ignored. More may be disregarded in particular cirucmstances.

Reference and further detail: Page 30 of this linked document.

Note that the affect on Pension Credit will be less than £ for £ deduction.

greenglide

If he is in an "assessed income period" then the income wouldnt be counted until the end of this period?

xylophone

http://www.ageuk.org.uk/Documents/EN-GB/Factsheets/FS48_Pension_Credit_fcs.pdf?dtrk=true

may be of interest.

anmarj

greenglide wrote: »

If he is in an "assessed income period" then the income wouldnt be counted until the end of this period?

Earnings are not part of the AIP as they are not retirement provision, so would be counted.