Alex Watts : If this answers your question could I invite you leave feedback on my service which I hope has been excellent today, if you need more information or help then please click reply.Please remember that I am always happy to help if you have future questions, even if I am in Court I can normally respond within a few hours. For future information, please start them with ‘For Alex W’.Please bookmark my profile if you wish for future help: http://www.justanswer.co.uk/law/expert-alexwatts/
Alex Watts : Hello my name is XXXXX XXXXX I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply, but rest assured I will be giving your question my immediate attention upon return You do not need to wait here as you will get an email when I reply.
Alex Watts : I am sorry but the short answer is yes
Alex Watts : When you apply your income is worked out. This includes:State Pension (basic and additional)other pensionsmost social security benefits, eg Carer’s Allowancesavings, investments over £10,000 - for these £1 is counted for every £500 or part £500earnings
Alex Watts : Please see https://www.gov.uk/pension-credit/eligibility for more information.
Alex Watts : so if you get are getting over £10,000 you get £1 reduced for every additional £509
Alex Watts : £500
Alex Watts : I am sorry if this is not the answer you want and certainly not the one I want to give you but I have a duty to be honest.
Alex Watts : Can I clarify anything for you about this today please?
No this does not answer my question, the question is will they stop my pension credit? The compensation is not savings or earnings.
No this does not answer my question. The compensation is not savings or earnings. will dwp stop my pension credit?
Alex Watts : It depends on how much you are getting but yes they could.
Alex Watts : For an eligibility calcultor please visit
Alex Watts : https://www.gov.uk/benefits-adviser
Alex Watts : This will tell you what you would be entitled to in advance.
Alex Watts : Does that clarify matters?