Not true.Is she entitled to income from the PRSA if she chose it, at the moment?
The means test will factor in the whole household, not just your wife's income, I'm afraid.
The 19k will not result in any deduction. The first 20k is disregarded.Not true.
The qualified Adult Dependents Pension is based on the means of the "dependant". Family home is ignored. If her income is less than €100pw then she qualifies for full pension. If earning over €310pw she is not entitled to any pension. But the savings and PRSA will also be taken into account. The €19,000 will be equated to c€30pw in income (giving a total income of €230) , so it depends on the value of the PRSA as to whether she will qualify for a reduced Dependents Pension.
Definitely not wrong. The Additional Qualified Adult Dependants Pension is means tested, but ONLY ON THE MEANS OF THE DEPENDANT. Assets in joint names (other than family home) are treated as divided 50/50.Right ,well I'll appeal my recent refusal of qualified adult, then. I think you guys are wrong unfortunately - it is the whole household that is means tested. I wish you were right...
Did you apply for Contributory pension? Contributory pensions for the main claimant are most certainly not means tested. If you applied for Non-Contributory pension, then the means of the couple are considered jointly.Right ,well I'll appeal my recent refusal of qualified adult, then. I think you guys are wrong unfortunately - it is the whole household that is means tested. I wish you were right...
Here are Operational Guidelines on means tests generally. See section on Captial, and particularly section e which deals with pensions.my thanks to everyone, the nub is how they assess the PRSA (uncashed). she could reduce her savings significantly.
I might hit Welfare.ie with an FOI request to be doubly sure.
again many thanks
Did you find out the answer to this?my thanks to everyone, the nub is how they assess the PRSA (uncashed). she could reduce her savings significantly.
I might hit Welfare.ie with an FOI request to be doubly sure.
again many thanks
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