Single Parent's Allowance Entitlement

L

LangtonC

Guest
In July 2012 I have a small contracted-out UK pension which reaches maturity which will give me approx €18,000 lump sum and approx €3,500 per annum. Will this affect my current single parent's allowance of €217.80 per week and should I declare this to SW when the time comes

Any advice would be very much appreciated.
 
One Parent Family Payment is means tested - it is impossible to say whether you are affected without knowing if you have other income maintenance or capital -
 
Many thanks for that. I have no other income or capital and I do not receive any maintenance or support from my son's father.
 
my understanding is that the first €146.50 of weekly earnings is ignored for the means test .

3500 a year is approx 67 a week

the 1st 20k of savings do not count as means

you should be fine

Happy New Year
 
Most grateful for your replies. Still wondering if I am legally bound to declare to SW when the time comes in July? Or is it, "If in doubt, declare your change in circumstances"? I have no wish to receive any SW money that I'm not entitled to.

Much appreciated.
 
As other posters said it should not affect your one parent family but you should declare it.
 
Yes, you are required to notify the Dept of any change in circumstances, even if it doesn't result in any change to your entitlements.
 
Thanks to everyone. That's put my mind at rest. Happy 2012 to you all.
 
I do not think that the 146.50 (now 130) disregard applies to pension payments, but only to income from insurable employment.

As other posters have stated, the first 20,000 of capital is disregarded, so your lump sum should not affect your payment, but I think your annual payment will be considered as cash income and reduce your payment by 67 Euro!

As other posters seem to be of a different opinion, I would get this checked out with Department of Social Protection or an expert somewhere, I'd suggest the Irish National Organisation of Unemployed 01 856 0088 or Citizens Information www.citizensinformation.ie
 
Thanks. I will get this checked out and post result on here for those who might also be interested in due course.
 
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