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    Small deferred pension

    Hi,
    I was thinking about cashing in on a very small SCC deferred pension the payout would be 687.00 so very small then 103.00 a year.
    I'm on universal credit and also get a small monthly payment from NHS pension of 273.00. my question is if I draw this small lump sum will it affect my universal credit?. Thanks in advance

    #2
    Originally posted by Clare View Post
    Hi,
    I was thinking about cashing in on a very small SCC deferred pension the payout would be 687.00 so very small then 103.00 a year.
    I'm on universal credit and also get a small monthly payment from NHS pension of 273.00. my question is if I draw this small lump sum will it affect my universal credit?. Thanks in advance
    Apologies for delay in replying.

    Your payment of 687 will be ignored unless it takes your savings over £6k

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      #3
      Thanks for reply, that's what I hoped, no other savings so all good

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