income

samue

hi there i have bean on incapacity benafit for 7yrs i have 2 pensions that start this month i am 52 yrs old 1 from the [EMAIL="railway@1from"]railway@1from[/EMAIL] the royal mail th latter i will get a lump sum of £4,780 and between them both i will no where near £85 pw will [EMAIL="these@my"]these@my[/EMAIL] lump sum affect my benafitsthanks

healy

samue wrote: »

hi there i have bean on incapacity benafit for 7yrs i have 2 pensions that start this month i am 52 yrs old 1 from the [EMAIL="railway@1from"]railway@1from[/EMAIL] the royal mail th latter i will get a lump sum of £4,780 and between them both i will no where near £85 pw will [EMAIL="these@my"]these@my[/EMAIL] lump sum affect my benafitsthanks

No they will not affect your IB and neither will the lump sum.

samue

thanks for a speedy much needed answer,sam

cabbage

Hi

Found the following information on direct.gov.uk. I would check it out with CAB or local authority welfare rights service just to be on the safe side.



Pension income rules
If you make a new non-linking claim to Incapacity Benefit and have a gross pension income of more than £85 a week, the amount of benefit payable will be reduced by half of the excess.
The excess is the difference between £85 and the actual pension income. For example, for a pension income of £100, the excess is £15. The amount of Incapacity Benefit payable is reduced by half of that, which is £7.50.
Exceptions
This rule does not apply if:
you were in receipt of Incapacity Benefit before 6 April 2001
your claim is made under the linking rules for Incapacity Benefit and links back to before 6 April 2001
you receive the highest rate of the care component of Disability Living Allowance