Welfare Advice Officer, Melville Housing Asscociation, Dalkeith, Midlothia Member since 22nd Jan 2004
Deferred pension Thu 20-Sep-07 07:44 AM
I have a client who has reached age 65 and has opted to defer his RP. He is claiming HB, and also was previously on Guarantee Pension Credit. Although his RP has been deferred he has also started receiving other pensions so his income has changed. For HB am I right in thinking that no notional RP is taken into account? What is the position re Pension Credit? (If no notional income counted he would be entitled to a savings credit).
Welfare lawyer and social policy collator, Basingstoke CAB Member since 13th Mar 2007
RE: Deferred pension Thu 20-Sep-07 08:09 PM
Regulation 18 of the State Pension Credit Regulations deals with notional income and says that you are treated as getting a pension you haven't applied for but would get if you did. It refers to a list of types of pensions in the Act of which a basic retirement pension is one.
Makes sense. Why should he expect the pension credit people to pay him extra because he has made a decision not to apply for his retirement pension?
However it looks as if a deferred pension is expressly excluded from notional income for housing beenfit.