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Question regarding contributions based ESA

bundance
bundance Posts: 1,114 Forumite
Part of the Furniture 500 Posts Combo Breaker
in Benefits & tax credits
Hi

You know that thing where if you have over £6,000 total, in capital and the DWP take £1 a week for every £250, what is it called?

Does this rule apply if you are in the support group and are on contributions based ESA?

I may need to know in future because I will have to advise the DWP if it applies to me.

Please advise, many thanks.

Comments

  • rogerblack
    rogerblack Posts: 9,446 Forumite
    Capital limits do not apply for contribution based ESA.
    You can have 6 million pounds in the bank and it's not affected.
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    rogerblack wrote: »
    Capital limits do not apply for contribution based ESA.
    You can have 6 million pounds in the bank and it's not affected.
    Hi,

    Thanks for your helpful reply :)
  • Poppy9
    Poppy9 Posts: 18,833 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If your contributions ESA expire and you are moved to income related it might be worth claiming for NI contributions even if you are entitled to nothing! I believe you need 35 years of NI contributions to obtain a full retirement pension.
    :) ~Laugh and the world laughs with you, weep and you weep alone.~:)
  • bundance
    bundance Posts: 1,114 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Poppy9 wrote: »
    If your contributions ESA expire and you are moved to income related it might be worth claiming for NI contributions even if you are entitled to nothing! I believe you need 35 years of NI contributions to obtain a full retirement pension.
    Thanks :) .
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