× Members

esa and bank limit

More
10 years 2 months ago - 10 years 2 months ago #130879 by da
esa and bank limit was created by da
hi, am on esa support national insurance contrilbution esa,what is the bank limit that you can have in your bank account, also will a works pension of £339.10 make a reduction on my esa , thank you.
Last edit: 10 years 2 months ago by slugsta.

Please Log in or Create an account to join the conversation.

More
10 years 2 months ago #130901 by slugsta
Replied by slugsta on topic esa and bank limit
Hi da,

There is no limit to the money you can have in the bank if you are on Contributory benefit only. Occupational pensions do have an affect on Contributory ESA, the first £85 per week is disregarded and then the ESA is reduced by 50p for every further £1 pension. You should notify DWP about your pension, even if it is low enough that it would not reduce your ESA payments.

Nothing on this board constitutes legal advice - always consult a professional about specific problems
The following user(s) said Thank You: da

Please Log in or Create an account to join the conversation.

Moderators: GordonGaryBISCatherineWendyKellygreekqueenpeterKatherineSuper UserChrisDavid
We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.