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Universal Credit and Settlement Agreement

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1 year 10 months ago #278135 by Antony
Is a settlement agreement (compromise agreement) included or excluded from capital when assessing a Universal Credit application? Similarly, is a small pension lump sum taken as early retirement included or excluded from capital?

Thank you.

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1 year 10 months ago #278191 by Gordon
Replied by Gordon on topic Universal Credit and Settlement Agreement
Antony

This is not an area of benefits that we advise on so I would recommend that you contact a Local Welfare Advice centre for help.

I did do a quick search of the DWP guidance in this area and could not find any exclusion for the two terms you used in your post.

Gordon

Nothing on this board constitutes legal advice - always consult a professional about specific problems
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1 year 9 months ago #278200 by ClaireLO
Replied by ClaireLO on topic Universal Credit and Settlement Agreement
As Gordon said best to consult a local welfare advice centre but just to say from experience, my partner's pension lump sum was treated as capital and anything over 6,000 deducted from UC at a tariff rate (the benefits adviser will clarify how this works)
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