Benfits for pensioner with savings?

Shaps

Can anyone please pass on some advice .

I am enquiring about my Mother she is 64 years old ( 65 this year ) who was working part time for the last 15 years up to around 6 months ago before the employers decided to sell the business without telling her ( never work for family ) and now she is without a job.

She gets a basic state pension of around £130 and has savings of around £40000 that I have tried to maximise by using various high interest current accounts.


Would you she be entitled to any other benefits like , never claimed before so not too sure where to look or ask .
She is looking for another part time job but is hard out there especially since you worked at the same place for 15 years.


She owns her own house and is a widower.

Any help would be much appreciated.

somethingcorporate

I wouldn't have thought so.

She owns a house outright and has £40k in the bank....?

This is exactly what an emergency fund is for.

xylophone

Her state pension is below guarantee pension credit level (£155.60 a week) but she has savings over £10,000 -

http://www.ageuk.org.uk/Documents/EN-GB/Factsheets/FS48_Pension_Credit_fcs.pdf?dtrk=true


"Every £500 or part of £500 of capital over £10,000 is assumed to give
you a weekly income of £1 a week. This is called ‘deemed income’. For
example, if you have savings of £12,200, a weekly deemed income of £5
is included in your income assessment."

NLW

I doubt it she has worked hard, saved money and been responsible i bet she won't be entitled to anything.

somethingcorporate

NLW wrote: »

I doubt it she has worked hard, saved money and been responsible i bet she won't be entitled to anything.

What do you think someone with £40k should be entitled to?

Where should we draw the line at giving benefits? Seems that well below £40k in the bank is a sensible starting point.

poppasmurf_bewdley

If her total weekly income is below the Pension Credit level of £155.60, then she should apply for it.

Even though she may get very little in Pension Credit, she would become eligible for 100% Council Tax relief plus other benefits such as the £25 weekly cold weather payments, dental treatment, etc.

NYM

poppasmurf_bewdley wrote: »

If her total weekly income is below the Pension Credit level of £155.60, then she should apply for it.

Even though she may get very little in Pension Credit, she would become eligible for 100% Council Tax relief plus other benefits such as the £25 weekly cold weather payments, dental treatment, etc.

Seriously? £25 per week?

:eek:

poppasmurf_bewdley

NYM wrote: »

Seriously? £25 per week?

:eek:

Cold Weather Payments of £25 per week are made when the average daily temperature for seven consecutive days is below 0 degrees. These payments are made to people of Pension Credit and several other benefits.

nannytone_2

NYM wrote: »

Seriously? £25 per week?

:eek:

only when the daytime temperature is below zero for 7 consecutive days.
it isn't paid too often in the majority of the country.
there hasn't been any in my area ( north derbyshire) for the past 2 winters

Robisere

NYM wrote: »

Seriously? £25 per week?

:eek:

Not every week!

We get it: it's £100 each.

poppasmurf_bewdley

nannytone wrote: »

only when the daytime temperature is below zero for 7 consecutive days.
it isn't paid too often in the majority of the country.
there hasn't been any in my area ( north derbyshire) for the past 2 winters

When I was on Pension Credit I had about five payments in the winter of 2010/11.