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 	 	ESA rules on pension lump sum cashing possibility?
- marina1
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 		 			 	 						9 years 5 months ago				#158849 		by marina1 	  	 		 			 	    			 			 		 													
 	 				ESA rules on pension lump sum cashing possibility? was created by marina1			
  			 				Hi, please could anyone help me. I have been in the support group of ESA - contribution based.
I wonder if anyone could advise if this benefit is affected if I decide to cash a lump sum of a pension. It is not a massive pension, literally only £24k which wouldn't give me any amount as an income. I have had a document signed by my doctor to say I will not be able to work before the age of 55, I am 52 at present .
I think I have read you can only reap a pension of £85 per week to have an affect on the benefit, but I just need to know if I get the whole amount would this affect it. I need the cash to adapt our privately owned home with bathroom etc, but as I have a way to go before my retirement age of 67 I do not want to lose my ESA as I need this to live on.
Any help would be very much appreciated.
Kind regards Emm.
  					I wonder if anyone could advise if this benefit is affected if I decide to cash a lump sum of a pension. It is not a massive pension, literally only £24k which wouldn't give me any amount as an income. I have had a document signed by my doctor to say I will not be able to work before the age of 55, I am 52 at present .
I think I have read you can only reap a pension of £85 per week to have an affect on the benefit, but I just need to know if I get the whole amount would this affect it. I need the cash to adapt our privately owned home with bathroom etc, but as I have a way to go before my retirement age of 67 I do not want to lose my ESA as I need this to live on.
Any help would be very much appreciated.
Kind regards Emm.
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- slugsta
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 			 	 						9 years 5 months ago		 -  9 years 5 months ago		#158862 		by slugsta 	  	 		 			 					
Nothing on this board constitutes legal advice - always consult a professional about specific problems 					 	   	 			 		 													
 	 				Replied by slugsta on topic ESA rules on pension lump sum cashing possibility?			
  			 				Hi Emma,
 
This question was answered for you a few days ago.
 
www.benefitsandwork.co.uk/forum?view=topic&catid=10&id=109284
 
If you cannot find your question when you come back to the forum, please click on your username where you see it in blue (you have to be logged into the forum) and it will bring up a list of every post you have made.
  							This question was answered for you a few days ago.
www.benefitsandwork.co.uk/forum?view=topic&catid=10&id=109284
If you cannot find your question when you come back to the forum, please click on your username where you see it in blue (you have to be logged into the forum) and it will bring up a list of every post you have made.
Nothing on this board constitutes legal advice - always consult a professional about specific problems
 		Last edit: 9 years 5 months ago  by slugsta.			
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