Pension Credit

pattayapaul

Hi, my mum has a pension with Greater Manchester Council.
She is now 78.
She is thinking if she can of a pension drawdown.
Her husband just died and so now her Pension Credit has been stopped because her state pension has gone up (over the Pension Credit threshold) and she will get some money (percentage) from her deceased husband's pension (again Greater Manchester Council) added to her works pension.
Here is a killer question, if she could do a drawdown so that she Is below the Pension Credit threshold she would be eligible for pension credit again, but would Pension Credit people accept that?
So yes she would have savings so she would have to make sure that she did not have more than £10,000 for the Pension Credit limit (the house need major repairs).
Cheers in advance.

Paul

[Deleted User]

The first question needs to be asked of the GMC pension fund, as she is already taking a pension I doubt that the drawdown will be available under current rules.

Alice_Holt

"to make sure that she did not have more than £10,000 for the Pension Credit limit"

There is no £10k limit for PC.

If the occupational pension is defined benefit (likely if a LA pension), drawdown is not an option.
Is the pension(s) defined benefit or defined contribution?

"if she could do a drawdown so that she Is below the Pension Credit threshold she would be eligible for pension credit again"
Your premise is incorrect, as you misunderstand how both occupational pensions and PC work.

https://www.ageuk.org.uk/globalassets/age-uk/documents/factsheets/fs48_pension_credit_fcs.pdf
https://www.moneyadviceservice.org.uk/en/articles/income-drawdown
https://www.which.co.uk/money/pensions-and-retirement/options-for-cashing-in-your-pensions/income-drawdown/what-is-income-drawdown-apsqg6y8pg57