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Increasing Sipp and not triggering recycling

Dolly_Dolittle
Posts: 2 Newbie

First time post so apologises if I miss out any details needed.
Background
In April 2024 I took my DB teachers pension and continued to work until September.
I received a lumpsum of £98K
I opted out of the teachers pension scheme at the same time I took my pension and started a SIPP.
In the past few years my own contributions to the TP have been circa £9K but the overall total pension input has been roughly £24K with the exception of 22/23 when it increased to 60K because the teachers pensions inputs are affected by inflation .
In 2024/25 my taxable income that qualifies for a pension was £30K
I paid £11000 into a SIPP (in lieu of not contributing to the TP)for the year 2024/25 mindful of the 30% rule for recycling. I based this on my previous personal contributions.
I am wondering if I can make further contributions to my SIPP before the end of the financial year without breaking recycling rules.
I have found it difficult to find advice that covers the teachers pension and recycling and would be grateful for any advice.
Background
In April 2024 I took my DB teachers pension and continued to work until September.
I received a lumpsum of £98K
I opted out of the teachers pension scheme at the same time I took my pension and started a SIPP.
In the past few years my own contributions to the TP have been circa £9K but the overall total pension input has been roughly £24K with the exception of 22/23 when it increased to 60K because the teachers pensions inputs are affected by inflation .
In 2024/25 my taxable income that qualifies for a pension was £30K
I paid £11000 into a SIPP (in lieu of not contributing to the TP)for the year 2024/25 mindful of the 30% rule for recycling. I based this on my previous personal contributions.
I am wondering if I can make further contributions to my SIPP before the end of the financial year without breaking recycling rules.
I have found it difficult to find advice that covers the teachers pension and recycling and would be grateful for any advice.
0
Comments
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Dolly_Dolittle said:First time post so apologises if I miss out any details needed.
Background
In April 2024 I took my DB teachers pension and continued to work until September.
I received a lumpsum of £98K
I opted out of the teachers pension scheme at the same time I took my pension and started a SIPP.
In the past few years my own contributions to the TP have been circa £9K but the overall total pension input has been roughly £24K with the exception of 22/23 when it increased to 60K because the teachers pensions inputs are affected by inflation .
In 2024/25 my taxable income that qualifies for a pension was £30K
I paid £11000 into a SIPP (in lieu of not contributing to the TP)for the year 2024/25 mindful of the 30% rule for recycling. I based this on my previous personal contributions.
I am wondering if I can make further contributions to my SIPP before the end of the financial year without breaking recycling rules.
I have found it difficult to find advice that covers the teachers pension and recycling and would be grateful for any advice.
Is the £30k your employment earnings for the period from 6 April 2024 until you stopped working in September?0 -
I had to opt out in the first place to trigger my pension and then did not opt back in the following month as I had less than a year left. The TP needs more than a year to benefit. This would have meant that any money would be changed into an annuity which did not seem good value.
The 30K is earnings from employment until September0
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