Non-Contrib State pension

Calahonda52

DanDublin1982 wrote: »

It's not income and under a grand wont have any effect on your means assessment..assuming you weren't above or it won't bring you above the 20 grand total savings allowable.

For a married couple, with one on Non-Contrib State pension, is the 20 grand a combined figure or is it 20k per head?
Husband has a current account that has just gone over the 20k so am concerned about the impact on his spouses NC payment
Thanks

mp22

http://www.citizensinformation.ie/en/social_welfare/social_welfare_payments/older_and_retired_people/state_pension_non_contributory.html
looks like its combined savings

Calahonda52

mp22 wrote: »

http://www.citizensinformation.ie/en/social_welfare/social_welfare_payments/older_and_retired_people/state_pension_non_contributory.html
looks like its combined savings

Thanks, that what I had looked at and what I thought.

The other interesting thing is that its all accounts, not just deposit accounts, which are caught by the DIRT returns


In looking I came across this
http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/means_test_for_social_welfare_payments/how_to_assess_your_means_from_capital_for_social_welfare_payments.html#l0359f
:
"If you have a joint account with your spouse, civil partner or cohabitant, legally the total amount in the account is owned by each of you."

I had always thought, wrongly, otherwise, until I had a colleague who had received an inheritance and as they have joint accounts he got caught up in this
http://www.rte.ie/news/2015/0314/687128-11-7m-recovered-after-welfare-investigation/
The funds were locked in on a fixed deposit but in fairness the SW were decent about it once the source of the funds was explained.
Keep well.