Zakat on Pensions – What Counts?
Pensions can be zakatable, depending on access. If you can withdraw the money, Zakat is due. If it is locked until retirement, scholars differ.
If you can access your pension, it is zakatable. If the pension is locked and cannot be withdrawn until a future date, scholars have different opinions.
Accessible Pensions
Definitely zakatable.
If you can withdraw money from your pension at any time (such as with some private pensions after age 55), it is zakatable wealth. Include the amount you can access in your Zakat calculation.
scholar_note
The Safer View
include accessible pension wealth. For locked pensions
consult a trusted scholar or pay Zakat to be safe.