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Non contributory pension

Beeker · 2012-10-04 09:53:24

I know that the non contributory pension is means tested. Would joint savings of about €40000 have any impact on it?

04-10-2012 9:53am

#1

Beeker

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I know that the non contributory pension is means tested. Would joint savings of about €40000 have any impact on it?

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#2 04-10-2012 10:35am

mp22

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If you have a joint account with your spouse, civil partner or cohabitant, legally the total amount in the account is owned by each of you. Therefore it could be assessed in full against each of you. However, if you and your spouse, civil partner or cohabitant are both getting means-tested social assistance payments, it will be assessed either on a shared basis or against only one of you. You can read more about assessing the means of a couple for social assistance payments.

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