pension

hi , i have a question , please . i am on ESA support group , DLA high rate mobilty med care. my husband has the chance of getting one of his pensions , a lump sum of £17,000 . i am loath to do this as i am worried about losing my benefits . i worked full time for 35 years before my ailments . what do you think ? all help greatly appreciated . brilliant site by the way . thanking you in anticipation.

birdgirl42 wrote: hi , i have a question , please . i am on ESA support group , DLA high rate mobilty med care. my husband has the chance of getting one of his pensions , a lump sum of £17,000 . i am loath to do this as i am worried about losing my benefits . i worked full time for 35 years before my ailments . what do you think ? all help greatly appreciated . brilliant site by the way . thanking you in anticipation.

Hi bd42,

We cannot give personal financial advice on the forum.

You need to gain professional face to face advice where they have access to all your financial and personal information so that they can advise you personally, and you can make an informed decision as a result of the advice..

Basically, the fact that you are in The Support Group has no relevance in itself regarding whether or not your hubby should take a lump sum.

It is the "type" of ESA that you are in receipt of in The SG that is relevant.

If all your ESA payments are Contribution Based (CB) any amount of lump sum that your husband may take will have no affect on your CB ESA payments. CB ESA is not means-tested.

If all or part of your ESA Payments are Income Related (IR) ESA, and the lump sum takes your capital, assets or savings above £16,000, all/any of the IR ESA payments that you may be receiving will cease.

Asset rule for ESA(IR)

Regarding your DLA, or indeed PIP, neither of these are reliant on passing a means test, so again, any amount of lump sum will have no affect on your DLA payments.

bro58

thanks alot Bro58 , i am on cb esa , i just did not want to get into trouble. i appreciate you cannot advise financially . just wanted abit of clarity. i thought i wasn't
means tested , but , wanted to make sure. thanks again .