Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

The Job Seekers Allowance Means test

  • 05-10-2012 10:20AM
    #1
    burly
    Registered Users, Registered Users 2 Posts: 314 ✭✭


    Hi all,

    Im currently on job seekers benefit, and cant get work despite my best efforts.

    My jobseekers benefit will expire soon, and so I will be applying for job seekers allowance which is means tested.

    I still have a redundancy payment of around €5000 in a savings account, will they look at this as 'means', or am I right in saying I can have up to €20,000 and this wont be counted as 'means'?


Comments

  • #2
    mp22
    Moderators, Business & Finance Moderators, Regional South Moderators Posts: 6,854 Mod ✭✭✭✭mp22


    You are correct.


  • #3
    Bruthal
    Closed Accounts Posts: 13,422 ✭✭✭✭Bruthal


    burly wrote: »
    Hi all,

    Im currently on job seekers benefit, and cant get work despite my best efforts.

    My jobseekers benefit will expire soon, and so I will be applying for job seekers allowance which is means tested.

    I still have a redundancy payment of around €5000 in a savings account, will they look at this as 'means', or am I right in saying I can have up to €20,000 and this wont be counted as 'means'?

    Yes 20k is the threshold. €1 a week less for each €1000 in savings above that I think.

    €5k will not be taken into account.


Advertisement