Contribution based JSA - savings limit

sagalout1954

Been made redundant. Is there a maximum savings limit which might mean I wouldn't qualify for contributions based JSA (or even a household income limit). I suppose I mean is it income related?

I haven't been to job centre to 'sign on' or whatever it's called nowadays as I assumed our savings and hubbies salary would put me 'over' some sort of threshold, but a colleague keeps insisting I would be entitled to go and claim.

Uncertain

sagalout1954 wrote: »

Been made redundant. Is there a maximum savings limit which might mean I wouldn't qualify for contributions based JSA (or even a household income limit). I suppose I mean is it income related?

I haven't been to job centre to 'sign on' or whatever it's called nowadays as I assumed our savings and hubbies salary would put me 'over' some sort of threshold, but a colleague keeps insisting I would be entitled to go and claim.

As I understand it you could be the richest woman in the Country but could still claim JSA (contribution based) for six months - providing you are actively seeking work and have paid the necessary contributions.

After that you move to income based which, by the sound of it, you wouldn't get.

Whether you can be bothered with the hassle for a taxable sixty quid a week for six months is up to you.

mum2one

For the 1st 6 months under your circumstances its worth signing on, not just for the money, but it keeps your contributions towards your pension entitlement.

A friend of my mothers who has a nice retirement settlement, went on a signed on for 6months, attended a couple of job interviews and told the interviewers she was only here to keep the job centre happy, at the end of the 6 mths - she told them to stuff it - to me thats wrong, but from the point of view of pension subs /ni subs (not exactly right terminology), but go for that.

I don't know ofyour looking for a job, or taking a rest, but use the 6mths and take the time for help and advice.

sagalout1954

Thanks for advice. Think I might mooch off to Job Centre when I get back from my holiday after all!

Already paid enough contributions to get full pension eventually and from trawling about the internet it seems I may have to commit with the Job Centre to looking for 37 hour working week (I've no plans whatsoever to do anything but part-time).

Think I'm tired of having paid in to everything without ever 'taking out'.