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NS ESA and pension

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pauls1
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1 day 19 hours ago #297367 by pauls1

NS ESA and pension was created by pauls1

I am on NS ESA so not income related , I was wondering if I am allowed to draw a lump sum from my pension , I haven't started Drawing anything from my pension at all so far
Thanks

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David
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1 day 16 hours ago #297371 by David

Replied by David on topic NS ESA and pension

Hi pauls1,

As far as New Style ESA is concerned capital and lump sums are disregarded.

Hope this helps,
David

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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pauls1
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1 day 12 hours ago #297374 by pauls1

Replied by pauls1 on topic NS ESA and pension

Thanks ...do you know if you can take more than one payment or is it just the 25%
For example could I take so much this year then so much next year without it affecting anything
Thanks

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David
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1 day 2 hours ago #297384 by David

Replied by David on topic NS ESA and pension

Hi pauls1,

As far as DWP capital rules are concerned there isn't a 25% figure but that may apply to other organisations.

David

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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