ChatterBank57 mins ago
Incapacity Benefit and Retirement Pension
2 Answers
I am in receipt of Incapacity Benefit at the higher rate. I am 57 and have a pension entitlement from my employers which I am thinking of drawing soon. Would this affect my benefit in any way apart from the obvious income tax implications.
Thanks in advance for any advice you can offer.
Answers
Best Answer
No best answer has yet been selected by Peter Edward. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.This site:
http://www.disabilityalliance.org/ib.htm
suggests your IB could be reduced if your occupational pension is large enough
When did you start getting incapacity benefit? Broadly, if you have had it continuously since before 6.4.2001 no reduction will apply. Otherwise 50% of any occupational pension above �85 per week is taken. There are various more specific rules which could affect this - it is best to ask for information on your particular circumstances from the benefits people or a local CAB.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.