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Universal credit and private pension contributions

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Comments

  • NedS
    NedS Posts: 5,324 Ambassador
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    michaels said:
    huckster said:
    It is not 12 months transitional protections. It is 12 UC monthly payments where you were paid £1 or more. So if you had any months where UC was zero  then this is why the claim is still running. A to do will appear asking you to report money savings and investments to stop a 13th payment being issued.


    May was our 12th payment. They have just made a 13th for June and also asked re savings. I can't be bothered to journal umpteen accounts again so I have just journaled then staying still over the limit, but they don't seem to read the journal as have not responded to it for over a month now.
    If you are concerned, you could re-declare your savings as over £16k. That should prevent any further payments until the capital is verified.

    I am a Forum Ambassador and I support the Forum Team on the Benefits & tax credits, Heat pumps and Green & Ethical MoneySaving forums. If you need any help on those boards, do let me know. Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
  • michaels
    michaels Posts: 29,541 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    NedS said:
    michaels said:
    huckster said:
    It is not 12 months transitional protections. It is 12 UC monthly payments where you were paid £1 or more. So if you had any months where UC was zero  then this is why the claim is still running. A to do will appear asking you to report money savings and investments to stop a 13th payment being issued.


    May was our 12th payment. They have just made a 13th for June and also asked re savings. I can't be bothered to journal umpteen accounts again so I have just journaled then staying still over the limit, but they don't seem to read the journal as have not responded to it for over a month now.
    If you are concerned, you could re-declare your savings as over £16k. That should prevent any further payments until the capital is verified.

    Can I just declare a single saving spot that has over 16k in it or will they then claim I am lying by not declaring our other umpteen accounts some of which probably only have pennies it?
    I think....
  • huckster
    huckster Posts: 5,595 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You would need to declare all money  savings and investments.
    The comments I post are personal opinion. Always refer to official information sources before relying on internet forums. If you have a problem with any organisation, enter into their official complaints process at the earliest opportunity, as sometimes complaints have to be started within a certain time frame.
  • HillStreetBlues
    HillStreetBlues Posts: 6,673 Forumite
    1,000 Posts Fourth Anniversary Homepage Hero Photogenic
    michaels said:
    NedS said:
    michaels said:
    huckster said:
    It is not 12 months transitional protections. It is 12 UC monthly payments where you were paid £1 or more. So if you had any months where UC was zero  then this is why the claim is still running. A to do will appear asking you to report money savings and investments to stop a 13th payment being issued.


    May was our 12th payment. They have just made a 13th for June and also asked re savings. I can't be bothered to journal umpteen accounts again so I have just journaled then staying still over the limit, but they don't seem to read the journal as have not responded to it for over a month now.
    If you are concerned, you could re-declare your savings as over £16k. That should prevent any further payments until the capital is verified.

    Can I just declare a single saving spot that has over 16k in it or will they then claim I am lying by not declaring our other umpteen accounts some of which probably only have pennies it?
    What matters is the capital, not were it is.

    Let's Be Careful Out There
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