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Working on and claiming state pension
johnnyboy58
Posts: 2 Newbie
I reach retirement age later this year but don't have much of a pension pot. My plan is to continue working for a couple of years while claiming state pension. The idea being to have the equivalent amount of state pension and national insurance which I will no longer be paying diverted from my salary into my company pension thus getting tax relief as well as boosting the pot. Is this achievable and does it seem a sensible way of rapidly increasing my pension pot?
0
Comments
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It is possible to regard state pension as income replacement enabling increased contributions from
salary (relevant earnings) into a workplace scheme.
See
https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm044100
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Thanks Xylophone 👍1
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