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Savings allowance cap to claim IB/ESA

Hello
I am at present on IB and beleive it is not means tested !
I have read on several sites that ESA is means tested, is this true ?
The amount of £16000 was stated and there would be nothing paid if anyone has over the £16000 in savings.
Anyone else have any info on this ???

Thanks Ginger555

Comments

  • System
    System Posts: 178,429 Community Admin
    10,000 Posts Photogenic Name Dropper
    Income related ESA is means tested, Contributions based isn't so if you have the required number of NI contributions your savings shouldn't matter...i think.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • bertiebat
    bertiebat Posts: 310 Forumite
    Part of the Furniture Combo Breaker
    edited 12 November 2010 at 7:29PM
    Income related ESA is means tested, Contributions based isn't so if you have the required number of NI contributions your savings shouldn't matter...i think.

    This is true of IB/ESA currently however starting from 2012, ESA contribution based benefits within the WRAG will be limited to 1 year.

    All IB claimants will be reassessed between now and March 2014 and if allocated to ESA WRAG group then they will be subjected to the new rules. Claimants in the ESA support group are excluded from the 1 year rule.

    IB claimants who reach state pension retirement age during the assessment period will not be reassessed.
    Just in case you were wondering (some have)..... I'm a woman!
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