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£20k Payout!
- Simomom
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3 weeks 1 day ago #300884 by Simomom
£20k Payout! was created by Simomom
DWP contacted me last month, asking me to fill out a document explaining how my disability affects my ability to interact with others. I did, and sent it back.
Last week they called me, to say that they were backdating my PIP for over 5 years, and that means I get a £20k payout. It dropped into my bank account last week.
Now - I’m very happy with this. But I’m also financially responsible, and want to check that I received all that I should. DWP didn’t send me a breakdown of how this figure was calculated, and so I’d like to know:
1) What about the interest which I’d have made during this time? Surely this should be refunded too.
2) Would there have been additional benefits I would have received during this time (cost of living, or anything else) which I missed out on, as they had originally miscalculated my eligibility?
Last week they called me, to say that they were backdating my PIP for over 5 years, and that means I get a £20k payout. It dropped into my bank account last week.
Now - I’m very happy with this. But I’m also financially responsible, and want to check that I received all that I should. DWP didn’t send me a breakdown of how this figure was calculated, and so I’d like to know:
1) What about the interest which I’d have made during this time? Surely this should be refunded too.
2) Would there have been additional benefits I would have received during this time (cost of living, or anything else) which I missed out on, as they had originally miscalculated my eligibility?
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- BIS
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3 weeks 19 hours ago #300920 by BIS
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by BIS on topic £20k Payout!
Hi Simonmom
I'm so glad to hear that you received the money.
1. Interest is not an issue - they would assume you would have spent the money on making your life easier if you had received it.
2. If they have backdated it for five years - I assume they calculated it, including how the rate changed each year. I can't tell you about anything you might have received if the miscalculation had not been made - it's something you would need to raise with them.
BIS
I'm so glad to hear that you received the money.
1. Interest is not an issue - they would assume you would have spent the money on making your life easier if you had received it.
2. If they have backdated it for five years - I assume they calculated it, including how the rate changed each year. I can't tell you about anything you might have received if the miscalculation had not been made - it's something you would need to raise with them.
BIS
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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- Richard
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3 weeks 8 hours ago #300958 by Richard
Replied by Richard on topic £20k Payout!
Great news, personally I'd just go with what they have given you.
It could go either way after a check of the breakdown of money you've been given. I'd take the money and run as they don't usually hand out payments this big,
We'll done 🏃
It could go either way after a check of the breakdown of money you've been given. I'd take the money and run as they don't usually hand out payments this big,
We'll done 🏃
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- denby
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2 weeks 5 days ago #301196 by denby
Replied by denby on topic £20k Payout!
Hi Simomom, I agree you're not likely to actually get any interest.
But I do think the principle is that what you could have bought to make life easier five/four/three/two one years ago with the money had you had it then, will have gone up in price now, so I do think you have been robbed by inflation by DWP.
Denby
But I do think the principle is that what you could have bought to make life easier five/four/three/two one years ago with the money had you had it then, will have gone up in price now, so I do think you have been robbed by inflation by DWP.
Denby
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