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Savings plus ESA and PIP
- Chrissie60
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2 years 8 months ago #269946 by Chrissie60
Savings plus ESA and PIP was created by Chrissie60
Hello
I am a bit confused over the amount of savings my daughter can hold before it affects her ESA income related and PIP.
I’ve read both &6,000 and £16,000 as the amount before deductions are made.
Also, does PIP affect the ESA. Should I be showing this when submitting bank statements?
Also, one last thing! I had Carers taken away when I received my state pension.
Thank you for any advice.
I am a bit confused over the amount of savings my daughter can hold before it affects her ESA income related and PIP.
I’ve read both &6,000 and £16,000 as the amount before deductions are made.
Also, does PIP affect the ESA. Should I be showing this when submitting bank statements?
Also, one last thing! I had Carers taken away when I received my state pension.
Thank you for any advice.
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- Gary
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2 years 8 months ago #269987 by Gary
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by Gary on topic Savings plus ESA and PIP
Hi Chrissie60
Welcome to the forum.
You might want to have a look at the following FAQ which explains where everything is; www.benefitsandwork.co.uk/guides-for-claimants/faq/forum.
Most means-tested benefits are only paid to people with less than £16,000 in savings (tax credits and the guarantee element of Pension Credit are not affected by this rule).
If your daughter is under Pension Credit age and have total capital over £6,000 then the government assumes they receive £1 per week for every £250 of capital they have above £6,000. This is known as tariff income.
If your daughter is over Pension Credit age the government assumes they receive £1 per week for every £500 of capital they have above £10,000.
PIP can affect ESA depending on the claimants circumstances and on the type of ESA they are claiming (there are 3 types of ESA which makes it confusing). This is why it is hard to answer questions on the forum as we are not given the correct information, we need to know what type of ESA a claimant receives.
There are two sets of requirements for the Severe Disability Premium.
First, to be eligible for the Premium, you need to be receiving a qualifying benefit such as the PIP Daily award (there are others), you lived alone or were considered to be living alone and no one receives Carers Allowance against your PIP award or as a couple you can qualify if both you and your partner get a qualifying benefit (PIP daily living).
Secondly, to be entitled to payment of the Premium you need to be receiving an Income Related benefit such as ESA(IR), Income Support or Pension Credit but not Universal Credit.
If you receive the enhanced daily living component then you can get another premium added to your IR ESA claim called an enhanced disability premium.
In answer to your last question Carers Allowance is an over lapping benefit, as your State Pension rate is higher than the Carers Allowance rate, you are paid the higher amount but you would have an underlying entitlement and therefore you may be eligible to claim Pension Credit depending on your circumstances; www.gov.uk/pension-credit/eligibility
Gary
Welcome to the forum.
You might want to have a look at the following FAQ which explains where everything is; www.benefitsandwork.co.uk/guides-for-claimants/faq/forum.
Most means-tested benefits are only paid to people with less than £16,000 in savings (tax credits and the guarantee element of Pension Credit are not affected by this rule).
If your daughter is under Pension Credit age and have total capital over £6,000 then the government assumes they receive £1 per week for every £250 of capital they have above £6,000. This is known as tariff income.
If your daughter is over Pension Credit age the government assumes they receive £1 per week for every £500 of capital they have above £10,000.
PIP can affect ESA depending on the claimants circumstances and on the type of ESA they are claiming (there are 3 types of ESA which makes it confusing). This is why it is hard to answer questions on the forum as we are not given the correct information, we need to know what type of ESA a claimant receives.
There are two sets of requirements for the Severe Disability Premium.
First, to be eligible for the Premium, you need to be receiving a qualifying benefit such as the PIP Daily award (there are others), you lived alone or were considered to be living alone and no one receives Carers Allowance against your PIP award or as a couple you can qualify if both you and your partner get a qualifying benefit (PIP daily living).
Secondly, to be entitled to payment of the Premium you need to be receiving an Income Related benefit such as ESA(IR), Income Support or Pension Credit but not Universal Credit.
If you receive the enhanced daily living component then you can get another premium added to your IR ESA claim called an enhanced disability premium.
In answer to your last question Carers Allowance is an over lapping benefit, as your State Pension rate is higher than the Carers Allowance rate, you are paid the higher amount but you would have an underlying entitlement and therefore you may be eligible to claim Pension Credit depending on your circumstances; www.gov.uk/pension-credit/eligibility
Gary
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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