I have learnt so much from many educational and detailed posts in AAM, but cant see anything around this topic.
I will be resigning from a public sector post with 33 years service due to stress related health issues at 57, and intend to claim Jobseekers benefit immediatly.
If after 9 months on JSB, I may have to claim JSA, to keep me going until retirement age 60.
I will have less that 20K savings at that point, but will have approx 60K in an AVC PRSA (Zurich) that I have set up through a broker, linked to my public sector job, which I can cash in at retirement aged 60 (it is intended to maximise Tax free Lump sum, as I dont have full service).
My question is as follows: Would that AVC PRSA be considered as Means, at the time of application for Job seekers Allowance at age 58?
Thanks so much for your consideration of my query