Receiving pension whilst working

taff7996

I will be getting my army preserved pension in a couple of years, when I reach 60.
With the fact that i am receiving an pension effect the amount my present employers can put into work pension
I've read that if you receiving a taxable pension, the maximum that can be put into any pension and still receiving tax relief, on that amount, would reduce from £40000 to £4000 per year

Dazed_and_C0nfused

taff7996 said:

I will be getting my army preserved pension in a couple of years, when I reach 60.
With the fact that i am receiving an pension effect the amount my present employers can put into work pension
I've read that if you receiving a taxable pension, the maximum that can be put into any pension and still receiving tax relief, on that amount, would reduce from £40000 to £4000 per year

Is your army pension a Defined benefit scheme?  

If so they don't reduce the amount you can contribute.

Silvertabby

The Armed Forces pension is indeed a DB scheme. 

xylophone

army preserved pension 

A Defined Benefit Scheme. 

https://www.mandg.com/pru/adviser/en-gb/insights-events/insights-library/money-purchase-annual-allowance-mpaa

• Defined Benefit arrangements
  

If you receive a scheme pension from any defined benefit arrangement this will not trigger the MPAA.