PT work after ill health pension
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Hi @Diane1234 and a very late welcome to the community!
I'm so sorry to see you haven't had any replies, so I just wanted to see how you were getting on. Have you managed to find the answer you needed? If not, hopefully someone will reply soon.0 -
Hello Diane1234
The specific rules and regulations regarding employment while receiving an ill health pension may vary depending on the particular Civil Service Scheme you are a part of. You should carefully review the guidelines provided by your scheme to understand any limitations or restrictions on working while receiving a pension.
It's usually a requirement to inform your pension scheme if you intend to take on part-time work while receiving an ill health pension. They may need to adjust your pension payments based on your new income. Failing to report changes in your circumstances could have legal and financial implications.
Some pension schemes may have an earnings limit or threshold that you should not exceed if you want to continue receiving your pension. If your earnings surpass this limit, your pension payments may be reduced or suspended.
Your income, including any part-time work, may have tax implications. It's essential to understand how your pension and any additional income will be taxed and whether you need to report this to HMRC.
Given the complexity of pension regulations and potential legal and financial consequences, it is advisable to seek advice from a financial advisor or legal expert who specialises in pension matters. They can provide you with personalised guidance based on your specific circumstances and the terms of your pension scheme.
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