Pension Credit & Inheritance

I have received a large sum from inheritance.  I will be using it to pay off our mortgage, credit card bills etc with a small amount left (under £10000).

Will my husbands pension credit be stopped.


  • calcotticalcotti Forumite
    15.5K Posts
    Part of the Furniture 10,000 Posts Name Dropper
    There are no capital limits on Pension Credit (unlike working age benefits) so there is no automatic end to PC. However any capital over £10,000 will reduce the PC payable by £1/week for every £500, or part thereof, over £10,000. The money will be taken into account while in your possession.

    if you are going to immediately use the money to pay off debt etc then the correct thing to do is to then inform PC of the inheritance and provide details of how the money has been spent. A DWP decision maker will then have to decide if the the expenditure was reasonable.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
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