My Redundancy Diary

daisyf_2

I dont finish til the start of july so it is the waiting around that I find hard - i just want to go now..... glad the panic is going and keep us posted on how you are getting on xxx

castle96

Advice please

Is it true that you only need (the last) 2 yrs NI conts to have been paid, to claim Conts based JSA ?

How much attention is paid to your investments/capital, if you claim Conts based JSA ?

Andyboy

Taken from following website

http://www.direct.gov.uk/en/MoneyTaxAndBenefits/BenefitsTaxCreditsAndOtherSupport/Employedorlookingforwork/DG_10018757

How it works
There are two types of Jobseeker's Allowance, 'contribution-based Jobseeker's Allowance' and 'income-based Jobseeker's Allowance'.
Contribution-based Jobseeker's Allowance

You may be entitled to claim contribution-based Jobseeker's Allowance if you have paid enough National Insurance contributions (NICs). Jobcentre Plus can pay this for up to 182 days. Generally, self-employed contributions will not help you qualify for contribution-based Jobseeker’s Allowance.

Income-based Jobseeker's Allowance

This is based on your income and savings. You may get this if you have not paid enough NICs (or you've only paid contributions for self-employment) and you're on a low income.

Please read 'National Insurance - the basics' for more information about National Insurance contributions.

daisyf_2

had a phone call last night to arrange a meeting for some more work with another company - so if I get that fixed up this will mean I have my working hours filled

i had a bad day yesterday - just the working the notice that is driving me nuts - another 7 weeks to go and I want to get out there and start a new beginning

Sloganjerry

I know how you feel daisyf! I'm not even sure when they will release me yet? It's nice to know others are in the same position though. Try to keep busy, keep your head down and hopefully time will soon pass.
Good luck with your next venture! :beer:

Andyboy

Sloganjerry wrote: »

I know how you feel daisyf! I'm not even sure when they will release me yet? It's nice to know others are in the same position though. Try to keep busy, keep your head down and hopefully time will soon pass.
Good luck with your next venture! :beer:

I'll second these comments. You will be finished before you know it. Now is just treading water time and preparing for that day.

i have just taken someones advice and applied for JSA and await their contact (within 48 hours following on-lone application). It just seems that we are all waiting for one thing or another. i don't relish the idea of being on jobseekers but I am entitled to it and would like to keep my NI contributions topped up.

i will Let you know how I get on and welcome any other stories re-JSA.

castle96

thanks Andyboy, but... do I get a 'choice' ?

Conts based - OK on that, have paid last 4 yrs and have 24 yrs in all, but Income based, , I will have too much savings, so can I ? 'opt' for Conts based ?

daisyf_2

Glad it is not me - good day today - just plodding along and have some meetings this week to discuss work in August thanks guys for listening and sorry you are all in the situation but it is helpful xx

Andyboy

castle96 wrote: »

thanks Andyboy, but... do I get a 'choice' ?

Conts based - OK on that, have paid last 4 yrs and have 24 yrs in all, but Income based, , I will have too much savings, so can I ? 'opt' for Conts based ?

i'll let you know when I have had my interview!:eek:

castle96

thanks Andyboy, yes, please do. Best of luck

Assume you are in the same position as me then ?/

(Also notice that Pension Credits - at 60 - have a threshhold of £10k savings !!)