Savings/Investments report for UC purposes.

rbz
rbz Community Member Posts: 159 Empowering
in Universal Credit (UC)

Must I declare my Private Pension pot value every month for Universal credit purposes?

At this moment I just pay contributions into my Private Pension pot.

Thanks

Comments

  • Rosie_Scope
    Rosie_Scope Posts: 8,447 Online Community Team

    Hi @rbz, are you withdrawing any money from your pension currently or just paying in?

    The value of your pension usually won't affect your universal credit so you shouldn't need to declare it each month. Have you been asked to declare your pension by Universal Credit?

    If you're withdrawing anything from it either regularly or in lump sums this can sometimes affect your universal credit depending on the circumstances, but if you're only paying in this shouldn't cause any issues.

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