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UC & pension
Cheechee
Posts: 117 Forumite
If I took a job for 10 hours a week and took a monthly income from a private pension, would I still be able to claim universal credit to top up because neither the job or pension amount to much?
I'm struggling to work longer hours but I'm doubtful I would be entitled to any health related benefits. I'm 56
Thanks
I'm struggling to work longer hours but I'm doubtful I would be entitled to any health related benefits. I'm 56
Thanks
0
Comments
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Your pension payment will be classed as earnings and as such for every £1.00 your earn your UC will reduce by £0.55. - wrong info
Would you also get a lump sum? Anything above £6K will further reduce your UC and anything above £16K will stop your claim.Proud to have dealt with our debtsStarting debt 2005 £65.7K.
Current debt ZERO.DEBT FREE0 -
Thanks for the reply, no I won't get a lump sum.
Would I be asked to look for more work if I only had a very small job?0 -
peteuk said:Your pension payment will be classed as earnings and as such for every £1.00 your earn your UC will reduce by £0.55.
Would you also get a lump sum? Anything above £6K will further reduce your UC and anything above £16K will stop your claim.
Pension income is classed as unearned therefore reduces UC pound for pound. Only earned income is subject to the taper and work allowance.Cheechee said:Thanks for the reply, no I won't get a lump sum.
Would I be asked to look for more work if I only had a very small job?
If you don't have any health conditions and earn less than your AET, yes you will.
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Are you single? Own your own property?"You've been reading SOS when it's just your clock reading 5:05 "0
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peteuk said:Your pension payment will be classed as earnings and as such for every £1.00 your earn your UC will reduce by £0.55.
The OP will lose UC £ for £. Pension income is not classed as earnings for UC.Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.1 -
As both Alice_Holt and KaMelo have said, my info is incorrect. The info I was backed up by finder.com. Apologies for the wrong info. Above will be edited.
Proud to have dealt with our debtsStarting debt 2005 £65.7K.
Current debt ZERO.DEBT FREE0
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