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Non Contributory Pension Means Test

  • 28-06-2020 7:00pm
    #1
    RoYoBo
    Registered Users, Registered Users 2 Posts: 856 ✭✭✭


    If only one member of a married couple is applying for a non-contributory state pension how does the means test work in relation to savings? The spouse has a private pension in their own right and will not be applying for any state pension.

    I understand that the income from the partner’s pension will be halved and counted as means against the applicant, but will the joint savings account also be halved? Or will it be counted in full against the applicant because it’s a joint account?

    As an example, the applicant currently has no personal income but shares the pension (€430 per week in total) of their spouse and they have savings in a joint account of approximately €80k. The applicant will be 66 at the end of the year.

    I’d really appreciate if anyone can run the figures on this to see if the applicant will even qualify at all. Are the computed total means too much? I suspect the savings may impact on the calculation, especially as it's a joint account.


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