Social welfare - how is means testing done?

[settlement]

How do they means test applicants?

Does having a small amount of capital outrule one as a candidate for welfare?

 

[moneybox]

have a look here

 

[pudds]

Example for Jobseekers you can have up to 20k in savings and still get the full rate.

For Disability allowance the amount of disregard is 50k.

 

[settlement]

Thanks for responses.

In the link above it says €1 for each €1,000 over 20k. What exactly does this mean for jobseekers?

 

[pudds]

Thanks for responses.

In the link above it says €1 for each €1,000 over 20k. What exactly does this mean for jobseekers?

Full jsa rate: €188 and for every thousand you have over 20k they will deduct €1 per thousand from the full rate of €188.

 

[vandriver]

It means that you lose a euro a week for every 1000 you have over 20k.So if you have 30k you will lose 10 a week from your payment.After that the amount climbs,so for example,if you had 50k,you would lose :
First 20k...nothing
Next 10k ...10 a week
Next 10k....20 a week
Next 10k....40 a week

So 50k would be treated as 70 a week deduction from your sw