We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Civil Service Pension (Incapacity Benefit)

I have been receiving IB for nearly 4 years due to bad accident. I have recently turned 60 and have just received a lump sum over 10 thousand pounds and my 1st monthly cheque How will this affect my IB. Can my lump sum be classed as savings? Thank you for your help.

Comments

  • How could it possibly be classed as anything else?
  • What is the £10000 and payment for? Is it a pension or some sort of compensation or what?

    Whether or not it affects your incapacity benefit depends if you are getting income related IB or not, and if the £10000 is in trust or not. If it is, then the capital is disregarded even if you are getting income related IB.

    If you're getting income related benefits, then additional income will definitely affect those.

    I suggest you phone up the IB people and tell them about it. And if you're getting council tax benefit and/or housing benefit they need to know too.
  • citykid5
    citykid5 Posts: 821 Forumite
    incapasity benefit isn't means tested,so your lump sum payment should not have any effect on your claim.however your new pension will.the first £85pw isn't taken into account,but any more than £85p/w will result in a 50p in the £ deduction from your benefits. i.e if you get a pension of £185p/w the first £85 is discounted,then the £100p/w would mean a decrese in you incapacity benefit of £50.
    hope you can make sence of all this,and you find it to be of help
  • citykid5 wrote: »
    incapasity benefit isn't means tested,so your lump sum payment should not have any effect on your claim.

    But the OP might be getting an income support top up to the incapacity benefit so it could have an effect. We don't really have enough info to be definite one way or the other.
  • citykid5
    citykid5 Posts: 821 Forumite
    But the OP might be getting an income support top up to the incapacity benefit so it could have an effect. We don't really have enough info to be definite one way or the other.
    yes i agree.thanks for that
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.3K Banking & Borrowing
  • 254.7K Reduce Debt & Boost Income
  • 455.9K Spending & Discounts
  • 248K Work, Benefits & Business
  • 605.2K Mortgages, Homes & Bills
  • 178.9K Life & Family
  • 263K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.