Question on State Pension Claim Form about Savings & Investments

Valleylost

My wife tried to start the process of claiming her state pension this week by completing a form on the government website. It asked her to state how much she has in savings and investments. Can anyone explain what relevance that has to claiming her pension? State pension isn't means tested, is it? Is this just a general data-gathering exercise or will it affect her claim? What would happen if she doesn't declare her savings?

Flugelhorn

are you sure she is on the right site? I was never asked this

or is she on the pension credit site? or a copy-cat site?

dunstonh

What would happen if she doesn't declare her savings?

They will not check for any benefits that should be eligible for.

FlorayG

Flugelhorn said:

are you sure she is on the right site? I was never asked this

Nope, me neither. OP you need to check this is the government site, as I remember they only ask if you want to have your pension or defer it. How much in savings you have or even if you are still working earning £100,000 a year is irrelevant

xylophone

Has your wife received an invitation to claim the pension?

https://www.gov.uk/get-state-pension

Stubod

..nope, never got asked anything about other income or savings, just an invite to start taking SP...BE AWARE!!!

Silvertabby

 Did she pick up the Pension Credit application form instead of the State Pension form?