Its not worth haveing have a pension

scampi_2

IF YOU HAVE A PENSION AND LOSE YOUR JOB ANY PENSION YOU DRAW COMES OFF YOUR JOBSEEKERS ALLOWANCE SO YOU ARE PAYNG YOUR OWN DOLE WHERE AS IF YOU COME TO THE UK WITH NOTHING HAVE NOT PUT ANYTHING INTO THIS POT YOU ARE GOING TO GET THE FULL JOBSEEKERS .YOU MIGHT AS WELL PUT THE MONEY UNDER THE MATTRESS AS SAVE FOR A RAINY DAY IN A P[ENSION:mad:

ViolaLass

Why would you be drawing a pension while living on jobseeker's?

le_loup

scampi wrote: »

IF YOU HAVE A PENSION AND LOSE YOUR JOB ANY PENSION YOU DRAW COMES OFF YOUR JOBSEEKERS ALLOWANCE

Are you totally mad or have you been reading the Daily Mail again?

Browntoa

is this just a rant or is there a pension type question you meant to ask ??

hcb42

If you put your life savings pensions fund under the mattress, do remember you need to disclose it when making benefits claims

zagfles

le_loup wrote: »

Are you totally mad or have you been reading the Daily Mail again?

Why? He's correct. JSA is reduced is you are drawing a pension, even contribution based JSA. There is a disregard, which I think is £50pw for contribution based JSA and around £10pw for income based.

RichandJ

zagfles wrote: »

Why? He's correct. JSA is reduced is you are drawing a pension, even contribution based JSA. There is a disregard, which I think is £50pw for contribution based JSA and around £10pw for income based.

So that still means "its [sic] not worth haveing [sic] have [sic] a pension" ?

I don't even know where to start.

:facepalm:

zagfles

RichandJ wrote: »

So that still means "its [sic] not worth haveing [sic] have [sic] a pension" ?

I don't even know where to start.

:facepalm:

The annoying thing about this forum is it doesn't quote the full PP ie including the previously quoted context. I was referring to the bit quoted by the PP. ie

IF YOU HAVE A PENSION AND LOSE YOUR JOB ANY PENSION YOU DRAW COMES OFF YOUR JOBSEEKERS ALLOWANCE"

which is perfectly true (subject to the disregards as I said above).

atush

He said it wasn't worth having a pension. But generally you have stopped working once you are drawing. So you wouldn't be getting Jobseekers?

Or are we just saying pensions aren't good for 'double dippers'? Ie those collecting a pesion while still working.

the DHS can't take into acct a pension pot that isn't being drawn on if I am not mistaken, but they can take into account everything else incl the money under your mattress. If they know about it and the local burglar doens't.

SnowMan

scampi wrote: »

IF YOU HAVE A PENSION AND LOSE YOUR JOB ANY PENSION YOU DRAW COMES OFF YOUR JOBSEEKERS ALLOWANCE SO YOU ARE PAYNG YOUR OWN DOLE WHERE AS IF YOU COME TO THE UK WITH NOTHING HAVE NOT PUT ANYTHING INTO THIS POT YOU ARE GOING TO GET THE FULL JOBSEEKERS .YOU MIGHT AS WELL PUT THE MONEY UNDER THE MATTRESS AS SAVE FOR A RAINY DAY IN A P[ENSION:mad:

If giving a pension a miss, perhaps you could instead invest in a new keyboard with a functioning caps lock key

ViolaLass

I imagine Job Seeker's takes any income in account - why should a pension be any different?