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pension lump sum payments

  • Tommy Miner
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10 years 1 month ago - 10 years 1 month ago #131969 by Tommy Miner
pension lump sum payments was created by Tommy Miner
i have two pensions where i can take 25% tax free will these lump sum payments effect my esa contribution based esa support group non means tested benefits thanks
Last edit: 10 years 1 month ago by bro58.

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  • bro58
10 years 1 month ago #131979 by bro58
Replied by bro58 on topic pension lump sum payments

Tommy Miner wrote: i have two pensions where i can take 25% tax free will these lump sum payments effect my esa contribution based esa support group non means tested benefits thanks


Hi TM,

If you are in receipt of Contribution Based (CB) ESA only, as there is no limit on capital, assets and savings that you can have for CB ESA, these lump sums should have no effect on your CB ESA payments.

You should still report it to ESA in writing, to avoid any confusion on their part :

Sending Documents to the DWP.

bro58

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