Pension / universal credit

boppit68
boppit68 Community Member Posts: 11 Connected
in Benefits and income

Hi there

Was wondering if anyone knows the answer to this . I’m on income related esa ( well it was that before switched over to U.C)

I have a small private pension . I’m looking to transfer money to it occasionally to top it up. Is this allowed ? Or do they see it as deprivation of capital?

Thank you

Comments

  • OverlyAnxious
    OverlyAnxious Community Member Posts: 6,323 Championing

    Hi,

    Legacy ESA and UC have slightly different rules so always best to say UC now.

    You are allowed to pay money into a private pension as long as it comes from income rather than savings. So basically transfer the money from your most recent UC payment, instead of transferring it to a savings account one month and then to the pension another month.

  • boppit68
    boppit68 Community Member Posts: 11 Connected

    Thank you so much 👍🏻

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