Crosswords1 min ago
So Sad
30 Answers
This story brought tears to my eyes. The uncaring face of politics.
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Best Answer
No best answer has yet been selected by maggiebee. 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.It's a very strange case. Unless I've read it wrong, Joy got a £5,000 'windfall'. That should make a minimal difference to one's pension credit (possibly £4.00pw) and, of course, no difference to the state pension.
I'm only vaguely remembering stuff from filling in a pension claim form for a friend several years ago.
Be interesting to hear what our DWP/exDWP members think.
I'm only vaguely remembering stuff from filling in a pension claim form for a friend several years ago.
Be interesting to hear what our DWP/exDWP members think.
For Pension Credit (PC) there is no limit on capital but ANY capital over £10,000 is treated as what's called tariff income.
For each £500 (or part of £500) £1 is deducted from the weekly entitlement. That means if the savings are £10,501, £2 is deducted from the weekly amount.
A claimant receiving any income-related benefit normally has to tell the office paying their benefit straight away if their capital increases above a certain amount and then the DWP can give a decision on their entitlement.
A PC claimant who is over 75 and on an open-ended assessed income period does not need to report an increase in capital unless household circumstances change, such as moving to a care-home.
For each £500 (or part of £500) £1 is deducted from the weekly entitlement. That means if the savings are £10,501, £2 is deducted from the weekly amount.
A claimant receiving any income-related benefit normally has to tell the office paying their benefit straight away if their capital increases above a certain amount and then the DWP can give a decision on their entitlement.
A PC claimant who is over 75 and on an open-ended assessed income period does not need to report an increase in capital unless household circumstances change, such as moving to a care-home.