Drawdown from pension

[RainySaturday]

Does anyone know whether the rules on pension drawdown and it restricting future pension payments is for that specific pension fund only or for all future pension schemes?
To explain, I have started a temporary job for 6 months and have joined the pension scheme which the company generously also contributes to. I'm thinking to pay 50% of my salary into it on the basis that I don't need the money now but may do in a few months if I am then umemployed. By that time I'll be 55 and so can start to draw it down. But I know that drawing down a pension restricts future payments into a pension to £4k per year. I plan to get a permanent job and don't want to restrict my pension contributions in the future for the next 12 years until I'm 67.
Does the £4k restriction apply to all future pension schemes or just the one I'll be drawing down from? Thank you.

Watching with interest - I had no idea this was a thing!

If you might need the money within a few months I'm not sure that putting so much into a pension just to pull it out again and restrict future contributions is the best course of action you could take. Even with the boost from tax relief the figures may not in fact work out as advantageously as you might think, not to mention the investment risk over that short term.

To answer your specific question, you can draw all the available tax free cash from a drawdown pension, but as soon as you draw any of the taxable part of it you will trigger the Money Purchase Annual Allowance (MPAA) whereby your total future pension contributions to any/all Defined Contribution pensions is restricted to £4000 gross without incurring a penaltytax charge. Contributions to an occupational (Defined Benefit) scheme fall outside of this (subject to normal annual allowance rules).

Thank you Sunseed thats really useful. So If I drawdown the 25% tax free amount, I can still continue to pay in more than £4k into my pensions as long as I don't make any further drawdowns? Have I understood correctly?

Short answer is yes, subject to the other Annual Allowance rules and assuming your income is below £150k.

Thank you. The main next pension contribution would be from a (different) employer based scheme, I think, and so it sounds like it should not be affected by any drawdown now. I don't plan to draw it out soon but it's a comfort to know that it is there if I need it.

Be careful - many employers' schemes are not defined benefit.

Any new occupational pension scheme you would join is overwhelmingly likely to be defined contribution not defined benefit, so the £4K limit would still apply.

Ok, understood. Thanks for the help. I was unable to find it online.