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Army Pension and Benefits!! HELP
exarmy
Posts: 2 Newbie
Hi All,
First time user so be kind. I recieve an Army pension and believe that i will be made redundant at my current place of work. Last time this occured I recieved no help from the government/job centre and wondered if anyone knows where to seek help? I also pay private rent and with this loomimg over me I am worried that i will be unable to pay all bills.
Many thanks for taking the time to read my post and I sincerely hope someone may be able to shed some light on my predicament.
First time user so be kind. I recieve an Army pension and believe that i will be made redundant at my current place of work. Last time this occured I recieved no help from the government/job centre and wondered if anyone knows where to seek help? I also pay private rent and with this loomimg over me I am worried that i will be unable to pay all bills.
Many thanks for taking the time to read my post and I sincerely hope someone may be able to shed some light on my predicament.
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Comments
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I'm sure it would depend on how much you get from your pension...0
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I would try the benefits calculator at the top of the page, putting your army pension in as your income and see what it says.DMP Mutual Support Thread member 244
Quit smoking 13/05/2013
Joined Slimming World 02/12/13. Loss so far = 60lb in 28 weeks :j 18lb to go
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Taken from the turn 2 us website:
How much does it pay?
How much contribution-based JSA you get depends on how old you are. If you are under 25, you get £51.85 a week. If you are 25 or over, you get £65.45. However, you may get less if you have income from part-time earnings or an occupational or personal pension scheme. Depending on your circumstances and your income and savings, you may qualify for some income-based JSA as well. For example, your contribution-based JSA will be cut pound for pound for any occupational or personal pension that is over £50 a week.
The figures are last years but despite being called contribution based this is not true if you have a pension over £117 a week(ish).0 -
It is still contribution based of course. Pension Income caters for living expenses - why pay someone who already has income for the same reason as you would pay JSA(C).pompeyrich wrote: »Taken from the turn 2 us website:
How much does it pay?
How much contribution-based JSA you get depends on how old you are. If you are under 25, you get £51.85 a week. If you are 25 or over, you get £65.45. However, you may get less if you have income from part-time earnings or an occupational or personal pension scheme. Depending on your circumstances and your income and savings, you may qualify for some income-based JSA as well. For example, your contribution-based JSA will be cut pound for pound for any occupational or personal pension that is over £50 a week.
The figures are last years but despite being called contribution based this is not true if you have a pension over £117 a week(ish).0 -
It is still contribution based of course. Pension Income caters for living expenses - why pay someone who already has income for the same reason as you would pay JSA(C).
A reasonable point but you can have unlimited savings, which could also be used for living expenses and still claim CBJSA.0 -
That's the thing - it could be used for living expenses but that isnt part of its intention.pompeyrich wrote: »A reasonable point but you can have unlimited savings, which could also be used for living expenses and still claim CBJSA.
Pensions are in lieu of wages, to an extent, and that is why they are partly for living expenses.0 -
For HB it's important to know, is this an MOD pension (used in full) or a VA pension (usually disregarded)I currently manage a Housing Benefit service and have been working in Housing / council tax benefit (as was) since 2001.
All views expressed in my posts are my own opinions and do not necessarily reflect those of my employer.0 -
Have you tried contacting SSAFA or the British Legion? This sort of issue should be right up their street!
www.ssafa.org.uk
www.britishlegion.org.uk:TProud to have lived within my means all my life :T0
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