# The State Pension Credit Regulations 2002, Regulation 7: Savings Credit


(1) The percentage prescribed for the purposes of determining—
(a) the maximum savings credit is 60 per cent.;
(b) “amount A” in section 3(4) is 60 per cent.;
(c) “amount B” in section 3(4) is 40 per cent.
(2) The amount prescribed for the savings credit threshold is £77 for a claimant who has no partner and £123 for a claimant who has a partner.
(3) The maximum savings credit shall be taken to be Nil in the case of—
(a) prisoners; and
(b) members of religious orders who are fully maintained by their order.

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Source: https://www.legislation.gov.uk/ukdsi/2002/0110424395/regulation/7 (the official version)
Page: https://openlegislation.uk/draft-state-pension-credit-regulations-2002/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

