Pension credit dispute with dwp

Betfred60
Betfred60 Online Community Member Posts: 2 Listener
edited July 2024 in Benefits and income

Hi wonder if anyone else as had problems with. Pension credit, mine was till 2029 but dwp are saying they changed it too 2016, so my pension credit as been stopped and I am paying the amount back from 2016,i have argued with them as I knew nothing about the date that they say they changed it too, can anyone tell me what I can do please,

Comments

  • poppy123456
    poppy123456 Online Community Member Posts: 64,463 Championing

    Pension credit doesn't have an end date so I'm confused here. Why did it end and why do you have an overpayment? Sorry but more information is needed before I can try to advise you.

  • Albus_Scope
    Albus_Scope Posts: 9,558 Scope Online Community Coordinator

    Hey there @Betfred60 welcome to the community.

    I can see Poppy is already poised to help you out with your questions, so I'll try not to get in the way. I just wanted to pop in and say a quick hi. 😊

  • Betfred60
    Betfred60 Online Community Member Posts: 2 Listener

    My pension credit started when I turned 65 and was told it was indefite till 2029

    I then got a letter from a compliance officer how phoned me later in the week asking how much I had in the bank etc I was then told I couldn't have pension credit as my savings have gone above the amount I could do so, they then stopped it and I pay back the pension credit I received from 2016,although I was told it was 2029 when I enquired

  • Noidea19
    Noidea19 Online Community Member Posts: 70 Contributor

    I don’t believe there is a limit to how much savings you can have on Pension credit. The only thing I can think of is the deductions you have for any amount over £10,000 may have cancelled out your eligibility.

  • luvpink
    luvpink Online Community Member Posts: 1,966 Championing
    https://forum.scope.org.uk/discussion/comment/890736#Comment_890736

    Not 100% sure but I think the savings limit is £6000

  • poppy123456
    poppy123456 Online Community Member Posts: 64,463 Championing

    @Betfred60 im sorry but that doesn’t make sense because pension credit has no end date. It continues for as long as you remain entitled to it.

    https://forum.scope.org.uk/discussion/comment/890775#Comment_890775

    Thats not correct. When claiming pension credit the savings/capital limit is £10,000. There’s no upper limit either. For every £500 over £10,000 there’s a £1 week deduction in PC.

  • luvpink
    luvpink Online Community Member Posts: 1,966 Championing
    https://forum.scope.org.uk/discussion/comment/890781#Comment_890781

    I applied for a neighbour and they said he was over the savings threshold.

    He had just over £6000 at the time but I am not familiar with the rules.

    I only did the online application as he is elderly with no internet knowledge.

  • poppy123456
    poppy123456 Online Community Member Posts: 64,463 Championing
    https://forum.scope.org.uk/discussion/comment/890923#Comment_890923

    https://www.gov.uk/pension-credit/eligibility

    Your savings and investments

    If you have £10,000 or less in savings and investments this will not affect your Pension Credit.

    If you have more than £10,000, every £500 over £10,000 counts as £1 income a week. For example, if you have £11,000 in savings, this counts as £2 income a week.

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